According to the public record, Flat 1, 309A , Kennington Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 777 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 309A, Kennington Road, London, SE11.
Kennington Road, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Flat 1, 309A , Kennington Road, London has a single entry in the Land Registry database from July 2016 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 309A Kennington Road London as £525,533 and the rental value as £2,663 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 1 309A Kennington Road London has increased by £8,647 (1.6%) and its rental value has increased by £132 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, 309A , Kennington Road, London is in very good condition we estimate a sale value of £551,809 and rental value of £2,796 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,745 and a rental value of £2,476 per month.
If you were able to purchase this property for the estimated value of £525,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,583 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, 309A , Kennington Road, London was last sold on 01 Jul 2016 for £650,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 309A , Kennington Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 3, 317, Kennington Road, London, SE11 4QE, a Leasehold flat which sold for £570,000 in Oct 2023.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kennington Road, London, SE11 has a total of 609 addresses. According to our analysis of all the public data, Flat 1, 309A , Kennington Road, London is the 210th largest and the 232nd most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in SE11.
The closest station to Flat 1, 309A , Kennington Road, London is Kennington station which is 400 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, 309A , Kennington Road, London, 48.5% of property is privately rented and 22.0% 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 Flat 1, 309A , Kennington Road, London, 8.1% of residents are recorded as possessing school level qualifications and 84.5% 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, 309A , Kennington Road, London, the average age was 36.8 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, 309A , Kennington Road, London, 3.1% 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, 309A , Kennington Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.