According to the public record, 21, Marcus Garvey Way, London is a mid-century freehold house with 850 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marcus Garvey Way, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
21, Marcus Garvey Way, London has 21 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated September 2020.
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 21 Marcus Garvey Way London as £508,491 and the rental value as £2,583 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 21 Marcus Garvey Way London has increased by £19,050 (3.7%) and its rental value has increased by £146 per month (5.7%).
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 21, Marcus Garvey Way, London is in very good condition we estimate a sale value of £533,916 and rental value of £2,712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,897 and a rental value of £2,402 per month.
If you were able to purchase this property for the estimated value of £508,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,499 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 data from HM Land Registry, 21, Marcus Garvey Way, London sits on a plot of 290m2.
We have plot size data on 1 out of 14 other houses in the postcode and 21, Marcus Garvey Way, London sits on the 2nd largest plot.
According to HM Land Registry, 21, Marcus Garvey Way, London was last sold on 27 Oct 2020 for £470,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Marcus Garvey Way, London within a radius of 270 metres over the last 2 years.
The most recent example is 40, Corry Drive, London, SW9 8QT, a Freehold house which sold for £600,000 in Mar 2021.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marcus Garvey Way, London, SE24 has a total of 44 addresses. According to our analysis of all the public data, 21, Marcus Garvey Way, London is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £392k less expensive than the average property in SE24.
21, Marcus Garvey Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2020.
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 21, Marcus Garvey Way, London is Brixton station which is 400 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 21, Marcus Garvey Way, London, 77.3% of property is socially rented and 9.1% 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 21, Marcus Garvey Way, London, 13.6% of residents are recorded as possessing school level qualifications and 37.9% 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 21, Marcus Garvey Way, London, the average age was 35.4 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 21, Marcus Garvey Way, London, 0.5% 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 21, Marcus Garvey Way, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.