Flat B, 42A
Flat B, 42A
Description & Estimates
Flat B, 42A, Banyard Road is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat B, 42A, Banyard Road is £439,953 and its rental estimate is £2,120 per month, given the available information and assuming reasonable condition.
42A, Banyard Road is a residential building on Banyard Road, London, SE16 and falls within the SE16 postal district and the London Borough of Southwark.
Our Data Sources
Flat B, 42A, Banyard Road has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 42A, Banyard Road, we estimate a market value of £461,951 and a rental value of £2,226 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £409,156 and £1,971 per month respectively.
Recent Market Change
Over the last year, Flat B, 42A, Banyard Road has seen its estimated sale value move down by £16,679 (3.8%) and its estimated rental value increase by £115 per month (5.4%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat B, 42A, Banyard Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat B, 42A, Banyard Road completed on 30th April 2014 at £400,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 30.3% over the period since April 2014.
- Sold Apr 2014£400,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat B, 42A, Banyard Road have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2023, was 24 Holly Tree Apartments, Layard Road, London, SE16 2JQ, a leasehold flat which sold for £478,000.
Read more about house prices in SE16.
- Sold Nov 2023£478,000 | 2 Bed FlatLayard Road24 Holly Tree Apartments, Layard Road, London, SE16 2JQ
- Sold Sep 2023£470,000 | 2 Bed FlatLayard Road32 Holly Tree Apartments, Layard Road, London, SE16 2JQ
- Sold Dec 2022£527,500 | 2 Bed FlatLayard Road8 Holly Tree Apartments, Layard Road, London, SE16 2JQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 32 addresses on Banyard Road, London, SE16, Flat B, 42A, Banyard Road comes out as the 24th largest and the 19th most expensive in our analysis of the public data.
It is also £13k less expensive than the average property across the SE16 district.
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Schools Nearby
- 100mSouthwark Park Primary School
- 500mGalleywall Primary, City of London Academy
- 500mSt Joseph's Catholic Primary School
- 400mThe Charter School Bermondsey
- 800mCity of London Academy (Southwark)
- 800mHarris Academy Bermondsey
More reading links
Public Transport Nearby
From Flat B, 42A, Banyard Road, the nearest station is Bermondsey, 500 metres away.
- 500mBermondsey
- 700mCanada Water
- 800mSouth Bermondsey
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
