According to the public record, Flat 1, 42, North Cross Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 367 ft2 of internal area and a garden.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 42, North Cross Road, London, SE22.
North Cross Road, London, SE22 is located in the borough of Southwark within the SE22 postal district.
Flat 1, 42, North Cross Road, London has a single entry in the Land Registry database from February 2007 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 42 North Cross Road London as £382,631 and the rental value as £1,403 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 1 42 North Cross Road London has increased by £8,750 (2.3%) and its rental value has increased by £71 per month (5.1%).
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, 42, North Cross Road, London is in very good condition we estimate a sale value of £401,763 and rental value of £1,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,847 and a rental value of £1,305 per month.
If you were able to purchase this property for the estimated value of £382,631, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,881 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, 42, North Cross Road, London was last sold on 03 Feb 2007 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 93.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 42, North Cross Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 38A , Worlingham Road, London, SE22 9HD, a Leasehold flat which sold for £725,000 in Aug 2022.
Read more about house prices in SE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Cross Road, London, SE22 has a total of 76 addresses. According to our analysis of all the public data, Flat 1, 42, North Cross Road, London is the 76th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £360k less expensive than the average property in SE22.
The closest station to Flat 1, 42, North Cross Road, London is East Dulwich 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, 42, North Cross Road, London, 33.9% of property is privately owned with a mortgage and 26.1% 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 Flat 1, 42, North Cross Road, London, 7.7% of residents are recorded as possessing school level qualifications and 60.9% 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, 42, North Cross Road, London, the average age was 35.9 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, 42, North Cross 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 Flat 1, 42, North Cross 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.