According to the public record, 31A, Nunhead Lane, London is a period leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 31, Nunhead Lane, London, SE15.
Nunhead Lane, London, SE15 is located in the borough of Southwark within the SE15 postal district.
31A, Nunhead Lane, London has 31 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated May 2019.
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 31A Nunhead Lane London as £928,303 and the rental value as £3,926 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 31A Nunhead Lane London has increased by £18,546 (2.0%) and its rental value has increased by £199 per month (5.1%).
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 31A, Nunhead Lane, London is in very good condition we estimate a sale value of £974,718 and rental value of £4,122 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £863,321 and a rental value of £3,651 per month.
If you were able to purchase this property for the estimated value of £928,303, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,562 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, 31A, Nunhead Lane, London was last sold on 26 Jul 2019 for £500,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2019, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 31A, Nunhead Lane, London within a radius of 340 metres over the last 2 years.
The most recent example is Apartment 1, Bank Apartments 112, Peckham Rye, London, SE15 4HA, a Leasehold flat which sold for £620,000 in Nov 2016.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nunhead Lane, London, SE15 has a total of 192 addresses. According to our analysis of all the public data, 31A, Nunhead Lane, London is the 39th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £406k more expensive than the average property in SE15.
31A, Nunhead Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 31A, Nunhead Lane, London is Nunhead station which is 800 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 31A, Nunhead Lane, London, 48.3% of property is socially rented and 24.2% 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 31A, Nunhead Lane, London, 23.9% of residents are recorded as possessing school level qualifications and 45.8% 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 31A, Nunhead Lane, London, the average age was 37 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 31A, Nunhead Lane, 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 31A, Nunhead Lane, 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.