According to the public record, 231, Railton Road, London is a period freehold house with 1,065 ft2 of internal area and sits on a 234 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Railton Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
231, Railton Road, London has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated June 2016.
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 231 Railton Road London as £864,299 and the rental value as £4,244 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 231 Railton Road London has increased by £33,311 (3.9%) and its rental value has increased by £262 per month (6.2%).
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 231, Railton Road, London is in very good condition we estimate a sale value of £907,514 and rental value of £4,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £803,798 and a rental value of £3,947 per month.
If you were able to purchase this property for the estimated value of £864,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,248 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, 231, Railton Road, London sits on a plot of 234m2.
We have plot size data on 4 out of 12 other houses in the postcode and 231, Railton Road, London sits on the 2nd largest plot.
According to HM Land Registry, 231, Railton Road, London was last sold on 06 Sep 2019 for £560,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 231, Railton Road, London within a radius of 360 metres over the last 2 years.
The most recent example is 144, Railton Road, London, SE24 0JX, a Freehold house which sold for £910,000 in Mar 2023.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 360 metres radius of 231, Railton Road, London over the last 2 years.
Most recently Flat 1, 24, Kestrel Avenue, London, SE24 0EB, a Leasehold flat let by Your Home Managed in May 2022.
Railton Road, London, SE24 has a total of 437 addresses. According to our analysis of all the public data, 231, Railton Road, London is the 74th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in SE24.
231, Railton Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2016.
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 231, Railton Road, London is Herne Hill station which is 300 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 231, Railton Road, London, 48.5% of property is privately rented and 26.5% 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 231, Railton Road, London, 11.2% of residents are recorded as possessing school level qualifications and 77.2% 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 231, Railton Road, London, the average age was 35.7 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 231, Railton Road, London, 1.2% 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 231, Railton Road, 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.