According to the public record, Flat 1, 32, Lorn Road, London is a period leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 32, Lorn Road, London, SW9.
Lorn Road, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
Flat 1, 32, Lorn Road, London has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated June 2023.
We combine this information with that 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 Flat 1 32 Lorn Road London as £695,866 and the rental value as £3,146 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 1 32 Lorn Road London has increased by £3,756 (0.5%) and its rental value has increased by £54 per month (1.7%).
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, 32, Lorn Road, London is in very good condition we estimate a sale value of £730,659 and rental value of £3,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £647,155 and a rental value of £2,926 per month.
If you were able to purchase this property for the estimated value of £695,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,420 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, 32, Lorn Road, London was last sold on 22 Mar 2024 for £705,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 32, Lorn Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 66, Cranworth Gardens, London, SW9 0NR, a Leasehold flat which sold for £660,875 in Aug 2023.
Read more about house prices in SW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 330 metres radius of Flat 1, 32, Lorn Road, London over the last 2 years.
Most recently 90A, Hackford Road, London, SW9 0RD, a Leasehold flat let by Your Home Managed in Aug 2022.
Lorn Road, London, SW9 has a total of 96 addresses. According to our analysis of all the public data, Flat 1, 32, Lorn Road, London is the 56th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in SW9.
Flat 1, 32, Lorn Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 32, Lorn Road, London is Stockwell station which is 500 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, 32, Lorn Road, London, 55.5% of property is socially rented and 20.8% 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 Flat 1, 32, Lorn Road, London, 16.7% of residents are recorded as possessing school level qualifications and 53.5% 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, 32, Lorn Road, London, the average age was 35 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, 32, Lorn Road, London, 1.8% 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, 32, Lorn Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.