According to the public record, Flat 1, Park House 59, London is a period Leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Park House, Chaucer Road, London, SE24.
Chaucer Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
Flat 1, Park House 59, London has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated March 2015.
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 Park House 59 London as £656,428 and the rental value as £2,793 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 Park House 59 London has increased by £15,750 (2.4%) and its rental value has increased by £132 per month (4.7%).
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, Park House 59, London is in very good condition we estimate a sale value of £689,250 and rental value of £2,932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £610,478 and a rental value of £2,597 per month.
If you were able to purchase this property for the estimated value of £656,428, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,226 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, Park House 59, London was last sold on 18 Mar 2021 for £675,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Park House 59, London within a radius of 290 metres over the last 2 years.
The most recent example is 53B, Spenser Road, London, SE24 0NS, a Leasehold flat which sold for £550,000 in Jun 2022.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 290 metres radius of Flat 1, Park House 59, London over the last 2 years.
Most recently Flat 14, 39, Effra Parade, London, SW2 1PG, a Leasehold flat let by Your Home Managed in Sep 2023.
Chaucer Road, London, SE24 has a total of 118 addresses. According to our analysis of all the public data, Flat 1, Park House 59, London is the 70th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in SE24.
Flat 1, Park House 59, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2015.
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, Park House 59, London is Herne Hill station which is 600 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, Park House 59, London, 31.9% of property is privately owned with a mortgage and 29.9% 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, Park House 59, London, 13.0% of residents are recorded as possessing school level qualifications and 74.1% 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, Park House 59, London, the average age was 35.7 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, Park House 59, London, 1.4% 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, Park House 59, 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.