According to the public record, 6, Oakbank Grove, London is a period leasehold apartment with 659 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Oakbank Grove, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
6, Oakbank Grove, London has 2 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated March 2010.
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 6 Oakbank Grove London as £471,782 and the rental value as £2,536 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 6 Oakbank Grove London has increased by £11,444 (2.4%) and its rental value has increased by £117 per month (4.6%).
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 6, Oakbank Grove, London is in very good condition we estimate a sale value of £495,371 and rental value of £2,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,757 and a rental value of £2,358 per month.
If you were able to purchase this property for the estimated value of £471,782, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,319 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, 6, Oakbank Grove, London was last sold on 17 Oct 2014 for £452,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2014, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Oakbank Grove, London within a radius of 400 metres over the last 2 years.
The most recent example is 174, Herne Hill Road, London, SE24 0AH, a Leasehold flat which sold for £492,000 in Feb 2024.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakbank Grove, London, SE24 has a total of 54 addresses. According to our analysis of all the public data, 6, Oakbank Grove, London is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £429k less expensive than the average property in SE24.
6, Oakbank Grove, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Oakbank Grove, London is Loughborough Junction 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 6, Oakbank Grove, London, 34.8% of property is socially rented and 30.5% 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 6, Oakbank Grove, London, 21.1% of residents are recorded as possessing school level qualifications and 63.3% 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 6, Oakbank Grove, London, the average age was 35.5 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 6, Oakbank Grove, 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 6, Oakbank Grove, 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.