According to the public record, 371, Milkwood Road, London is a period apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 371, Milkwood Road, London, SE24.
Milkwood Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
371, Milkwood Road, London has no records in the Land Registry database and a single entry in the EPC database dated May 2016.
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 371 Milkwood Road London as £431,577 and the rental value as £2,371 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 371 Milkwood Road London has increased by £10,355 (2.4%) and its rental value has increased by £112 per month (4.7%).
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 371, Milkwood Road, London is in very good condition we estimate a sale value of £453,156 and rental value of £2,489 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,367 and a rental value of £2,205 per month.
If you were able to purchase this property for the estimated value of £431,577, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,121 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 371, Milkwood Road, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, Central Buildings 132, Herne Hill, London, SE24 9QJ, a Leasehold flat which sold for £445,000 in May 2024.
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 2 lets within a 420 metres radius of 371, Milkwood Road, London over the last 2 years.
Most recently 3, Ruskin Walk, London, SE24 9NA, a Freehold house let by Your Home Managed in Jun 2023.
Milkwood Road, London, SE24 has a total of 298 addresses. According to our analysis of all the public data, 371, Milkwood Road, London is the 225th largest and the 204th most expensive property on the street.
When compared to the postcode district it is £469k less expensive than the average property in SE24.
371, Milkwood Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 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 371, Milkwood Road, London is Herne Hill station which is 100 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 371, Milkwood Road, London, 38.9% of property is privately rented and 20.7% is socially 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 371, Milkwood Road, London, 21.3% of residents are recorded as possessing school level qualifications and 75.4% 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 371, Milkwood 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 371, Milkwood 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 371, Milkwood 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.