Flat B, 3
Flat B, 3
Description & Estimates
Flat B, 3, Sears Street is recorded publicly as a period leasehold apartment across 1,087 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat B, 3, Sears Street is £749,741 and its rental estimate is £3,339 per month, given the available information and assuming reasonable condition.
3, Sears Street is a residential building on Sears Street, London, SE5 and falls within the SE5 postal district and the London Borough of Southwark.
Our Data Sources
Flat B, 3, Sears Street has 21 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated August 2014.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat B, 3, Sears Street, we estimate a market value of £787,228 and a rental value of £3,506 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £697,259 and £3,106 per month respectively.
Recent Market Change
Over the last year, Flat B, 3, Sears Street has seen its estimated sale value drop by £22,240 (3.0%) and its estimated rental value rise by £154 per month (4.6%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat B, 3, Sears Street has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Aug 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat B, 3, Sears Street completed on 28th November 2014 at £495,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 92.9% over the period since November 2014.
- Sold Nov 2014£495,000
- Sold Apr 1997£53,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat B, 3, Sears Street have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2022, was 35, Cavendish Apartments 16A, Wyndham Road, London, SE5 0BP, a leasehold flat which sold for £690,000.
Read more about house prices in SE5.
- Sold Mar 2022£690,000 | 3 Bed Flat35, Cavendish Apartments 16A, Wyndham Road, London, SE5 0BP35, Cavendish Apartments 16A, Wyndham Road, London, SE5 0BP
- Sold Mar 2022£700,000 | 3 Bed Flat38, Cavendish Apartments 16A, Wyndham Road, London, SE5 0BP38, Cavendish Apartments 16A, Wyndham Road, London, SE5 0BP
- Sold Jan 2022£645,000 | 3 Bed FlatFlat 23, Scott Court 4, Broome Way, London, SE5 7FYFlat 23, Scott Court 4, Broome Way, London, SE5 7FY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 41 addresses on Sears Street, London, SE5, Flat B, 3, Sears Street comes out as the 13th largest and the 6th most expensive in our analysis of the public data.
It is also £244k more expensive than the average property across the SE5 district.
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Schools Nearby
- 200mBrunswick Park Primary School
- 500mSt George's Church of England Primary School
- 600mSt Joseph's Catholic Junior School
- 600mSacred Heart Catholic School
- 700mArk All Saints Academy
- 900mSaint Gabriel's College
More reading links
Public Transport Nearby
From Flat B, 3, Sears Street, the nearest station is Denmark Hill, 1.2 kilometres away.
- 1.2kmDenmark Hill
- 1.4kmKennington
- 1.5kmOval
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
