1/6
£400,000
3 beds · 1 bath · 770 sq ft
Falmouth Road, Elephant & Castle, SE1
0 miles
away
Leasehold
Added on 14/09/2026 
£350,000
Asking price 2 bed flat for sale Falmouth Road, Elephant & Castle, SE1
2
beds 1
bath Flat
Leasehold
Added on 21/09/2026
About this property
A spacious ground floor flat offering excellent potential for modernisation and improvement. The property comprises two good-sized double bedrooms, a bathroom, separate WC, kitchen and a spacious living room. Permit parking is available.
Floorplan
Price guide
This home
£519 / sq ft
Area average (sold)
£851 / sq ft
Price per area, sold homes nearby
£581 / sq ft
£519 / sq ft
£1,146 / sq ft
Lowest
This home
Highest
£519 per sq ft, below almost all recent sales in SE1 (£581–£1,146, 10th–90th percentile, 1,233 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 1,233 homes sold in SE1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SE1 →
Location
Falmouth Road, Elephant & Castle, SE1, SE1 6QP
- Council tax
- Band B (Approx £1,530/year)Southwark's 2026/27 area average, including the typical parish precept for band B. Your bill may differ: single-person and other discounts may apply.
Mortgage and stamp duty
Property price £350,000
£175k £525k
Deposit10% £35,000
£0 £350k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £315,000 mortgage. Most lenders would want a household income of about £70,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in SE1 6QP. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 7, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | Jul 2020 | 883 sq ft £547/sq ft | 883 sq ft | £547 | £482,500 |
| Flat 40, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | Oct 2019 | 527 sq ft £607/sq ft | 527 sq ft | £607 | £320,000 |
| Flat 37, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | Jun 2019 | 581 sq ft £671/sq ft | 581 sq ft | £671 | £390,000 |
| Flat 42, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | Sept 2018 | 614 sq ft £611/sq ft | 614 sq ft | £611 | £375,000 |
| Flat 37, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | Nov 2016 | 581 sq ft £685/sq ft | 581 sq ft | £685 | £397,950 |
| Flat 49, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | Nov 2015 | — | — | — | £331,000 |
| Flat 28, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | Sept 2015 | 635 sq ft £567/sq ft | 635 sq ft | £567 | £360,000 |
| Flat 2, Martin House, Falmouth Road Flat / maisonette | Flat / maisonette | May 2014 | 786 sq ft £493/sq ft | 786 sq ft | £493 | £387,500 |
Area insights
The neighbourhood around this property.
Marketed by
Dexters, London Bridge Estate Agents
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