According to the public record, 12A, Milkwood Road, London is a period leasehold apartment with 579 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 12, Milkwood Road, London, SE24.
Milkwood Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
12A, Milkwood Road, London has 51 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated May 2011.
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 12A Milkwood Road London as £436,460 and the rental value as £2,369 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 12A Milkwood Road London has increased by £10,108 (2.3%) and its rental value has increased by £105 per month (4.4%).
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 12A, Milkwood Road, London is in very good condition we estimate a sale value of £458,283 and rental value of £2,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,908 and a rental value of £2,203 per month.
If you were able to purchase this property for the estimated value of £436,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,145 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, 12A, Milkwood Road, London was last sold on 29 Jan 2021 for £460,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 2021, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12A, Milkwood Road, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat A, 57, Herne Hill Road, London, SE24 0AX, a Leasehold flat which sold for £430,000 in Dec 2023.
Read more about house prices in SE24.
*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, 12A, Milkwood Road, London is the 183rd largest and the 200th most expensive property on the street.
When compared to the postcode district it is £464k less expensive than the average property in SE24.
12A, Milkwood Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 May 2011.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 12A, Milkwood Road, London is Loughborough Junction station which is 300 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 12A, Milkwood Road, London, 35.5% of property is privately rented and 29.7% 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 12A, Milkwood Road, London, 18.1% of residents are recorded as possessing school level qualifications and 59.4% 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 12A, Milkwood Road, 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 12A, Milkwood Road, London, 0.5% 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 12A, Milkwood Road, 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.