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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Flat 8, 237, Union Street to be a modern leasehold apartment with 871 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 8, 237, Union Street has an estimated sale value of £870,758 and an estimated rental value of £3,244 per month, assuming reasonable condition and based on the information available.
The apartment sits within 237, Union Street, London, SE1.
Union Street, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Flat 8, 237, Union Street has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 8, 237, Union Street would be worth £914,295, with a potential rental value of £3,406 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £809,805, with a rental value of £3,017 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 8, 237, Union Street has moved down by £7,025 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £191 (5.9%). The property's estimated gross yield is currently 4.5%.
Flat 8, 237, Union Street has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Flat 8, 237, Union Street last changed hands on 26th May 2017, selling for £833,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 51.5% since May 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 8, 237, Union Street across the last 2 years.
Most recently, Flat 32, 237, Union Street, London, SE1 0LR, a leasehold flat, sold at £850,000 on the 11th July 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 8, 237, Union Street as the 43rd largest and the 22nd most expensive of the 282 addresses on Union Street, London, SE1.
Against the SE1 postcode district average, it is £243k more expensive than the typical property.
Southwark station is the nearest stop to Flat 8, 237, Union Street at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, 237, Union Street, 50.4% of property is socially rented and 20.6% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 8, 237, Union Street, 16.6% of residents are recorded as possessing school level qualifications and 57.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 8, 237, Union Street, the average age was 34.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 8, 237, Union Street, 1.8% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 8, 237, Union Street, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
