According to the public record, 28B , Romola Road, London is a period leasehold apartment with 709 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 28, Romola Road, London, SE24.
Romola Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
28B , Romola Road, London has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated February 2012.
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 28B Romola Road London as £501,758 and the rental value as £2,405 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 28B Romola Road London has increased by £9,944 (2.0%) and its rental value has increased by £78 per month (3.3%).
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 28B , Romola Road, London is in very good condition we estimate a sale value of £526,846 and rental value of £2,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,635 and a rental value of £2,236 per month.
If you were able to purchase this property for the estimated value of £501,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,466 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, 28B , Romola Road, London was last sold on 27 Jul 2012 for £305,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 65.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28B , Romola Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 3, 58, Romola Road, London, SE24 9AZ, a Leasehold flat which sold for £530,000 in Dec 2023.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 320 metres radius of 28B , Romola Road, London over the last 2 years.
Most recently Flat 2, 295, Norwood Road, London, SE24 9AQ, a Leasehold flat let by Your Home Managed in Jul 2024.
Romola Road, London, SE24 has a total of 142 addresses. According to our analysis of all the public data, 28B , Romola Road, London is the 79th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £399k less expensive than the average property in SE24.
28B , Romola Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2012.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 28B , Romola Road, London is Tulse Hill 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 28B , Romola Road, London, 40.8% of property is socially rented and 26.5% 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 28B , Romola Road, London, 22.0% of residents are recorded as possessing school level qualifications and 60.6% 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 28B , Romola Road, London, the average age was 37.2 and the most common age was 32.
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 28B , Romola Road, London, 1.3% 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 28B , Romola 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.