According to the public record, 18B, Herne Hill, London is a mid-century leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 18, Herne Hill, London, SE24.
Herne Hill, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
18B, Herne Hill, London has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated May 2018.
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 18B Herne Hill London as £549,513 and the rental value as £2,851 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 18B Herne Hill London has increased by £10,906 (2.0%) and its rental value has increased by £123 per month (4.3%).
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 18B, Herne Hill, London is in very good condition we estimate a sale value of £576,988 and rental value of £2,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,047 and a rental value of £2,652 per month.
If you were able to purchase this property for the estimated value of £549,513, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,701 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, 18B, Herne Hill, London was last sold on 30 Jul 2018 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18B, Herne Hill, London within a radius of 410 metres over the last 2 years.
The most recent example is 47, Poplar Walk, London, SE24 0BX, a Leasehold flat which sold for £443,600 in Apr 2024.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herne Hill, London, SE24 has a total of 474 addresses. According to our analysis of all the public data, 18B, Herne Hill, London is the 200th largest and the 168th most expensive property on the street.
When compared to the postcode district it is £351k less expensive than the average property in SE24.
18B, Herne Hill, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 18B, Herne Hill, London is North Dulwich station which is 700 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 18B, Herne Hill, London, 30.2% of property is privately owned with a mortgage and 28.6% 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 18B, Herne Hill, London, 15.8% of residents are recorded as possessing school level qualifications and 60.5% 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 18B, Herne Hill, 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 18B, Herne Hill, London, 2.9% 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 18B, Herne Hill, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.