According to the public record, 245, Oak Square, London is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Oak Square, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
245, Oak Square, London has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated February 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 245 Oak Square London as £337,362 and the rental value as £1,891 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 245 Oak Square London has increased by £3,679 (1.1%) and its rental value has increased by £38 per month (2.0%).
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 245, Oak Square, London is in very good condition we estimate a sale value of £354,231 and rental value of £1,985 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,747 and a rental value of £1,758 per month.
If you were able to purchase this property for the estimated value of £337,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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, 245, Oak Square, London was last sold on 26 Aug 2022 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Oak Square, London within a radius of 240 metres over the last 2 years.
The most recent example is 251, Oak Square, London, SW9 9JW, a Leasehold flat which sold for £175,000 in Jun 2021.
Read more about house prices in SW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 240 metres radius of 245, Oak Square, London over the last 2 years.
Most recently 19, Stockwell Lane, London, SW9 0SS, a Leasehold flat let by Your Home Managed in Mar 2024.
Oak Square, London, SW9 has a total of 316 addresses. According to our analysis of all the public data, 245, Oak Square, London is the 82nd largest and the 212th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in SW9.
245, Oak Square, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2024.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Room heaters, electric.
The closest station to 245, Oak Square, London is Stockwell station which is 500 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 245, Oak Square, London, 33.9% of property is privately rented and 27.8% 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 245, Oak Square, London, 5.9% of residents are recorded as possessing school level qualifications and 83.0% 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 245, Oak Square, London, the average age was 34.9 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 245, Oak Square, London, 0.9% 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 245, Oak Square, 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.