According to the public record, Flat 1, 237A , Underhill Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 754 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 237A, Underhill Road, London, SE22.
Underhill Road, London, SE22 is located in the borough of Southwark within the SE22 postal district.
Flat 1, 237A , Underhill Road, London has 41 entries in the Land Registry database, most recently in November 2018 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 Flat 1 237A Underhill Road London as £532,875 and the rental value as £2,373 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 1 237A Underhill Road London has increased by £11,638 (2.2%) and its rental value has increased by £120 per month (5.0%).
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, 237A , Underhill Road, London is in very good condition we estimate a sale value of £559,519 and rental value of £2,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,574 and a rental value of £2,207 per month.
If you were able to purchase this property for the estimated value of £532,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,619 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, 237A , Underhill Road, London was last sold on 15 Nov 2018 for £560,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2018, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 237A , Underhill Road, London within a radius of 400 metres over the last 2 years.
The most recent example is 109, Dunstans Road, London, SE22 0HD, a Leasehold flat which sold for £612,500 in Aug 2022.
Read more about house prices in SE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Underhill Road, London, SE22 has a total of 604 addresses. According to our analysis of all the public data, Flat 1, 237A , Underhill Road, London is the 276th largest and the 303rd most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in SE22.
The closest station to Flat 1, 237A , Underhill Road, London is Honor Oak Park station which is 1.4 kilometres 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, 237A , Underhill Road, London, 42.6% of property is privately owned with a mortgage and 24.7% is privately owned outright.
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, 237A , Underhill Road, London, 15.7% of residents are recorded as possessing school level qualifications and 70.4% 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 Flat 1, 237A , Underhill Road, London, the average age was 36.7 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 Flat 1, 237A , Underhill 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, 237A , Underhill Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.