Searles Road, London, SE1
NE

Searles Road, London, SE1

By Nested

£ 360,000

Reviews

2 out of 5 stars

Nested says ..

Ideal for first-time buyer, couples, or investors. A well proportioned period conversion flat with open plan living room kitchen, large bay windows and high ceiling.

Property Oracle says ..

This property is a one-bedroom flat located in the North Walworth area of Southwark, London. The area benefits from excellent transport links, with Elephant & Castle station just 1.15km away, providing access to various rail lines. Several well-regarded schools are also within a reasonable distance, including St Saviour’s and St Olave’s Church of England School (Outstanding Ofsted rating). The flat itself is of average size for the area, at 459 sqft. While the images show a property that is habitable, it appears somewhat dated and could benefit from some modernisation. There is no outdoor space. Compared to local averages, the list price of £360,000 seems relatively low, considering the average price for the area is significantly higher. However, this may be due to the property’s condition and lack of outdoor space. Nearby comparable properties show a wide range of prices, suggesting that this property may be priced competitively given its condition and features.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
459.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
386,667.00 £
Decreased by 34.47 %
from 590,020.00 £
Est sale value
341,037.00 £
Decreased by 8.50 %
from 372,708.00 £
Average area rental value
2,374.00 £/mo
Decreased by 5.42 %
from 2,510.00 £/mo
Est letting value
1,836.00 £/mo
Increased by 33.33 %
from 1,377.00 £/mo
Est rental Yield
7.37 %
Increased by 44.51 %
from 5.10 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Nested created the listing.

Nearby Schools

NameTypeOfstedDistance
St Saviour'S And St Olave'S Church Of England SchoolVoluntary Aided SchoolOutstanding0.14 KM
Ark Globe AcademyAcademy Sponsor LedGood0.34 KM
Townsend Primary SchoolCommunity SchoolGood0.36 KM
English Martyrs' Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.39 KM
Victory Primary School And Children'S CentreChildren's Centre0.50 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Paragon Mews £ 000.00 KM
Barlow Street £ 000.00 KM
Black Horse Court £ 000.00 KM
Burge Street £ 481,66700.00 KM
Balfour Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Elephant And Castle5246EPH1.15 KM
London Bridge5148LBG1.28 KM
Cannon Street5142CST1.98 KM
Fenchurch Street7490FST2.25 KM
Waterloo East5158WAE2.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
Searles Road, Elephant & Castle, SE1 £ 350,000BUY5 / 100.00 KM
Searles Road, London, SE1 £ 360,000BUY5 / 100.00 KM
1 Searles Road, Southwark, London, SE1 £ 925,000BUY5 / 100.05 KM
Searles Road, London, SE1 £ 1,500,000BUY6 / 100.07 KM
Chatham Street, Elephant and Castle, London, SE17 £ 390,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
46 Searles Road £ 415,0000.06 KM
53 Searles Road £ 625,0000.06 KM
45 Searles Road £ 400,0000.06 KM
50 Searles Road £ 690,0000.06 KM
57 Searles Road £ 200,0000.06 KM