According to the public record, 56B, Alexandra Drive, London is a period leasehold apartment with 858 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 56, Alexandra Drive, London, SE19.
Alexandra Drive, London, SE19 is located in the borough of Lambeth within the SE19 postal district.
56B, Alexandra Drive, London has 61 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated August 2009.
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 56B Alexandra Drive London as £479,440 and the rental value as £2,142 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 56B Alexandra Drive London has increased by £7,069 (1.5%) and its rental value has increased by £71 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 56B, Alexandra Drive, London is in very good condition we estimate a sale value of £503,412 and rental value of £2,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,880 and a rental value of £1,992 per month.
If you were able to purchase this property for the estimated value of £479,440, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,356 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, 56B, Alexandra Drive, London was last sold on 12 May 2016 for £750,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since May 2016, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56B, Alexandra Drive, London within a radius of 330 metres over the last 2 years.
The most recent example is 53A, Alexandra Drive, London, SE19 1AW, a Leasehold flat which sold for £640,000 in Aug 2023.
Read more about house prices in SE19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Drive, London, SE19 has a total of 218 addresses. According to our analysis of all the public data, 56B, Alexandra Drive, London is the 67th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in SE19.
56B, Alexandra Drive, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 Aug 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 56B, Alexandra Drive, London is Gipsy 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 56B, Alexandra Drive, London, 54.0% of property is socially rented and 20.4% 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 56B, Alexandra Drive, London, 20.8% of residents are recorded as possessing school level qualifications and 48.4% 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 56B, Alexandra Drive, London, the average age was 36.6 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 56B, Alexandra Drive, 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 56B, Alexandra Drive, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.