According to the public record, 166, Herne Hill Road, London is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Herne Hill Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
166, Herne Hill Road, London has 2 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 166 Herne Hill Road London as £528,626 and the rental value as £2,679 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 166 Herne Hill Road London has increased by £12,242 (2.3%) and its rental value has increased by £119 per month (4.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 166, Herne Hill Road, London is in very good condition we estimate a sale value of £555,058 and rental value of £2,813 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,622 and a rental value of £2,492 per month.
If you were able to purchase this property for the estimated value of £528,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,598 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 166, Herne Hill Road, London was last sold on 14 Oct 2016 for £527,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 166, Herne Hill Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 158, Herne Hill Road, London, SE24 0AH, a Leasehold flat which sold for £550,000 in Jul 2023.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herne Hill Road, London, SE24 has a total of 239 addresses. According to our analysis of all the public data, 166, Herne Hill Road, London is the 157th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £372k less expensive than the average property in SE24.
166, Herne Hill Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 166, Herne Hill Road, London is Loughborough Junction station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 166, Herne Hill Road, London, 56.3% of property is socially rented and 21.1% is privately owned with a mortgage.
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 166, Herne Hill Road, London, 23.1% of residents are recorded as possessing school level qualifications and 48.4% 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 166, Herne Hill Road, London, the average age was 35.5 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 166, Herne Hill Road, London, 0.0% 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 166, Herne Hill Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.