According to the public record, First Floor Flat, 11, Valmar Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 549 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 11, Valmar Road, London, SE5.
Valmar Road, London, SE5 is located in the borough of Southwark within the SE5 postal district.
First Floor Flat, 11, Valmar Road, London has 41 entries in the Land Registry database, most recently in May 2021 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 First Floor Flat 11 Valmar Road London as £451,264 and the rental value as £2,039 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of First Floor Flat 11 Valmar Road London has increased by £11,541 (2.6%) and its rental value has increased by £89 per month (4.4%).
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 First Floor Flat, 11, Valmar Road, London is in very good condition we estimate a sale value of £473,827 and rental value of £2,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,675 and a rental value of £1,897 per month.
If you were able to purchase this property for the estimated value of £451,264, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,218 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, First Floor Flat, 11, Valmar Road, London was last sold on 17 May 2021 for £368,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2021, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 11, Valmar Road, London within a radius of 290 metres over the last 2 years.
The most recent example is First Floor, 26, Valmar Road, London, SE5 9NG, a Leasehold flat which sold for £425,000 in Sep 2022.
Read more about house prices in SE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valmar Road, London, SE5 has a total of 108 addresses. According to our analysis of all the public data, First Floor Flat, 11, Valmar Road, London is the 67th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in SE5.
The closest station to First Floor Flat, 11, Valmar Road, London is Denmark Hill 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 First Floor Flat, 11, Valmar Road, London, 42.4% of property is privately rented and 22.8% 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 First Floor Flat, 11, Valmar Road, London, 15.3% of residents are recorded as possessing school level qualifications and 60.1% 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 First Floor Flat, 11, Valmar Road, London, the average age was 36.1 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 First Floor Flat, 11, Valmar Road, London, 0.6% 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 First Floor Flat, 11, Valmar Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.