According to the public record, Basement Flat, 197, Devonshire Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 612 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 197, Devonshire Road, London, SE23.
Devonshire Road, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
Basement Flat, 197, Devonshire Road, London has a single entry in the Land Registry database from November 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Basement Flat 197 Devonshire Road London as £426,330 and the rental value as £1,857 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Basement Flat 197 Devonshire Road London has increased by £8,725 (2.0%) and its rental value has increased by £101 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 Basement Flat, 197, Devonshire Road, London is in very good condition we estimate a sale value of £447,646 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,487 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £426,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,095 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, Basement Flat, 197, Devonshire Road, London was last sold on 19 Nov 2020 for £393,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 197, Devonshire Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 213A, Devonshire Road, London, SE23 3NJ, a Leasehold flat which sold for £432,000 in Mar 2024.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Road, London, SE23 has a total of 705 addresses. According to our analysis of all the public data, Basement Flat, 197, Devonshire Road, London is the 430th largest and the 343rd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in SE23.
The closest station to Basement Flat, 197, Devonshire Road, London is Honor Oak Park 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 Basement Flat, 197, Devonshire Road, London, 35.9% of property is privately owned with a mortgage and 26.4% 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 Basement Flat, 197, Devonshire Road, London, 15.5% of residents are recorded as possessing school level qualifications and 62.0% 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 Basement Flat, 197, Devonshire Road, London, the average age was 37.1 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 Basement Flat, 197, Devonshire Road, 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 Basement Flat, 197, Devonshire Road, 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.