According to the public record, First Floor Flat, 9, Martell Road, London is a period apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 9, Martell Road, London, SE21.
Martell Road, London, SE21 is located in the borough of Lambeth within the SE21 postal district.
First Floor Flat, 9, Martell Road, London has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 First Floor Flat 9 Martell Road London as £394,569 and the rental value as £1,595 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of First Floor Flat 9 Martell Road London has increased by £12,005 (3.0%) and its rental value has increased by £62 per month (3.9%).
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, 9, Martell Road, London is in very good condition we estimate a sale value of £414,297 and rental value of £1,675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,949 and a rental value of £1,484 per month.
If you were able to purchase this property for the estimated value of £394,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,939 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 9, Martell Road, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 8, Wykeham Mansions 35, Rosendale Road, London, SE21 8DX, a Leasehold flat which sold for £405,000 in Feb 2023.
Read more about house prices in SE21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martell Road, London, SE21 has a total of 152 addresses. According to our analysis of all the public data, First Floor Flat, 9, Martell Road, London is the 135th largest and the 134th most expensive property on the street.
When compared to the postcode district it is £609k less expensive than the average property in SE21.
First Floor Flat, 9, Martell Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to First Floor Flat, 9, Martell Road, London is West Norwood 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 First Floor Flat, 9, Martell Road, London, 40.7% of property is privately owned with a mortgage and 38.1% 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 First Floor Flat, 9, Martell Road, London, 15.9% of residents are recorded as possessing school level qualifications and 70.7% 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, 9, Martell Road, London, the average age was 36.5 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 First Floor Flat, 9, Martell Road, London, 0.4% 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, 9, Martell Road, 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.