According to the public record, 245, Sumner Road, London is a modern house with 775 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sumner Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
245, Sumner Road, London has no records in the Land Registry database and a single entry in the EPC database dated May 2022.
We combine this information with public data 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 Sumner Road London as £470,440 and the rental value as £2,439 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 245 Sumner Road London has increased by £18,010 (3.8%) and its rental value has increased by £167 per month (6.8%).
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, Sumner Road, London is in very good condition we estimate a sale value of £493,962 and rental value of £2,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,509 and a rental value of £2,268 per month.
If you were able to purchase this property for the estimated value of £470,440, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,312 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Sumner Road, London within a radius of 340 metres over the last 2 years.
The most recent example is 24, Watts Street, London, SE15 5GP, a Freehold house which sold for £582,500 in Sep 2021.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sumner Road, London, SE15 has a total of 440 addresses. According to our analysis of all the public data, 245, Sumner Road, London is the 130th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in SE15.
245, Sumner Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2022.
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 245, Sumner Road, London is Peckham Rye 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 245, Sumner Road, London, 83.2% of property is socially rented and 8.9% 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, Sumner Road, London, 19.2% 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 245, Sumner Road, London, the average age was 35 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, Sumner Road, London, 0.7% 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, Sumner Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.