According to the public record, 83A, Lorrimore Road, London is a period leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 83, Lorrimore Road, London, SE17.
Lorrimore Road, London, SE17 is located in the borough of Southwark within the SE17 postal district.
83A, Lorrimore Road, London has 2 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated July 2020.
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 83A Lorrimore Road London as £623,062 and the rental value as £2,941 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 83A Lorrimore Road London has increased by £8,707 (1.4%) and its rental value has increased by £160 per month (5.4%).
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 83A, Lorrimore Road, London is in very good condition we estimate a sale value of £654,215 and rental value of £3,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £579,447 and a rental value of £2,735 per month.
If you were able to purchase this property for the estimated value of £623,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,062 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, 83A, Lorrimore Road, London was last sold on 23 Oct 2020 for £630,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83A, Lorrimore Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 72, Carter Street, London, SE17 3EW, a Leasehold flat which sold for £650,000 in May 2022.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorrimore Road, London, SE17 has a total of 171 addresses. According to our analysis of all the public data, 83A, Lorrimore Road, London is the 62nd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in SE17.
83A, Lorrimore Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 83A, Lorrimore Road, London is Kennington 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 83A, Lorrimore Road, London, 44.2% of property is socially rented and 23.3% is privately 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 83A, Lorrimore Road, London, 20.0% of residents are recorded as possessing school level qualifications and 52.5% 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 83A, Lorrimore Road, London, the average age was 36.4 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 83A, Lorrimore Road, London, 0.3% 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 83A, Lorrimore 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.