According to the public record, 375, Milkwood Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 597 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 375, Milkwood Road, London, SE24.
Milkwood Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
375, Milkwood Road, London has a single entry in the Land Registry database from August 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 375 Milkwood Road London as £453,143 and the rental value as £2,465 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 375 Milkwood Road London has increased by £10,872 (2.4%) and its rental value has increased by £117 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 375, Milkwood Road, London is in very good condition we estimate a sale value of £475,800 and rental value of £2,589 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,423 and a rental value of £2,293 per month.
If you were able to purchase this property for the estimated value of £453,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,227 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, 375, Milkwood Road, London was last sold on 12 Aug 2016 for £385,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 375, 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 1 let of a property similar to 375, Milkwood Road, London within a radius of 420 metres 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.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milkwood Road, London, SE24 has a total of 298 addresses. According to our analysis of all the public data, 375, Milkwood Road, London is the 179th largest and the 196th most expensive property on the street.
When compared to the postcode district it is £448k less expensive than the average property in SE24.
The closest station to 375, 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 375, 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 375, 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 375, 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 375, 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 375, 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.