According to the public record, 24, Culmore Road, London is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 10,987 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Culmore Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
24, Culmore Road, London has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated August 2015.
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 24 Culmore Road London as £558,679 and the rental value as £2,831 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 24 Culmore Road London has increased by £22,832 (4.1%) and its rental value has increased by £210 per month (7.4%).
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 24, Culmore Road, London is in very good condition we estimate a sale value of £586,613 and rental value of £2,973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,572 and a rental value of £2,633 per month.
If you were able to purchase this property for the estimated value of £558,679, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,746 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, 24, Culmore Road, London sits on a plot of 10987m2.
We have plot size data on 8 out of 15 other houses in the postcode and 24, Culmore Road, London sits on the largest plot.
According to HM Land Registry, 24, Culmore Road, London was last sold on 15 Dec 2021 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Culmore Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 94, Clifton Way, London, SE15 2LG, a Freehold house which sold for £500,000 in Nov 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Culmore Road, London, SE15 has a total of 31 addresses. According to our analysis of all the public data, 24, Culmore Road, London is the largest and the 8th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in SE15.
24, Culmore Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 24, Culmore Road, London is Queens Road (Peckham) 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 24, Culmore Road, London, 58.8% of property is socially rented and 22.2% is privately rented.
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 24, Culmore Road, London, 22.2% of residents are recorded as possessing school level qualifications and 36.4% 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 24, Culmore Road, London, the average age was 36.2 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 24, Culmore 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 24, Culmore 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.