As updated by Your Home Managed in Feb 2024, Flat 1, 155-157, Camberwell New Road, London is a period 973 year lease apartment with 731 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 973 years remaining on the lease.
The apartment is in 155-157, Camberwell New Road, London, SE5.
Camberwell New Road, London, SE5 is located in the borough of Southwark within the SE5 postal district.
Based on both the data supplied by Your Home Managed and the public information available in the area, we estimate the current sale value for Flat 1 155-157 Camberwell New Road London as £398,168 and the rental value as £2,279 per month giving an expected gross yield of 6.9%.
Your Home Managed described the decorative condition as fair in Feb 2024.
Over the last 12 months the sale value of Flat 1 155-157 Camberwell New Road London has increased by £3,477 (0.9%) and its rental value has increased by £75 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 Flat 1, 155-157, Camberwell New Road, London is in very good condition we estimate a sale value of £418,076 and rental value of £2,393 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,296 and a rental value of £2,119 per month.
If you were able to purchase this property for the estimated value of £398,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,957 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, Flat 1, 155-157, Camberwell New Road, London was last sold on 25 Jun 2004 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to Your Home Managed , Flat 1, 155-157, Camberwell New Road, London was let once since 2021 with the latest being in Feb 2024 for an undisclosed price.
Since Feb 2024, the market values of similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 155-157, Camberwell New Road, London within a radius of 340 metres over the last 2 years.
The most recent example is 163A, Camberwell New Road, London, SE5 0SU, a Leasehold flat which sold for £240,000 in Oct 2022.
Read more about house prices in SE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Camberwell New Road, London, SE5 has a total of 561 addresses. According to our analysis of all the public data, Flat 1, 155-157, Camberwell New Road, London is the 353rd largest and the 393rd most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in SE5.
Flat 1, 155-157, Camberwell New Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 155-157, Camberwell New Road, London is Oval 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 Flat 1, 155-157, Camberwell New Road, London, 46.4% of property is privately rented and 27.5% is socially 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 Flat 1, 155-157, Camberwell New Road, London, 11.3% of residents are recorded as possessing school level qualifications and 60.5% 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 Flat 1, 155-157, Camberwell New 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 Flat 1, 155-157, Camberwell New Road, London, 1.0% 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 Flat 1, 155-157, Camberwell New Road, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.