According to the public record, Flat, 10, Milkwood Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 888 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 10, Milkwood Road, London, SE24.
Milkwood Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
Flat, 10, Milkwood Road, London has 51 entries in the Land Registry database, most recently in June 2022 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 10 Milkwood Road London as £525,367 and the rental value as £2,765 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 10 Milkwood Road London has increased by £9,535 (1.8%) and its rental value has increased by £108 per month (3.9%).
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, 10, Milkwood Road, London is in very good condition we estimate a sale value of £551,635 and rental value of £2,904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,591 and a rental value of £2,572 per month.
If you were able to purchase this property for the estimated value of £525,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,582 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, 10, Milkwood Road, London was last sold on 13 Jun 2022 for £560,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat, 10, Milkwood Road, London within a radius of 360 metres over the last 2 years.
The most recent example is 17B , Herne Hill Road, London, SE24 0AX, a Leasehold flat which sold for £525,000 in Dec 2022.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milkwood Road, London, SE24 has a total of 298 addresses. According to our analysis of all the public data, Flat, 10, Milkwood Road, London is the 110th largest and the 158th most expensive property on the street.
When compared to the postcode district it is £376k less expensive than the average property in SE24.
The closest station to Flat, 10, Milkwood Road, London is Loughborough Junction station which is 300 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, 10, Milkwood Road, London, 35.5% of property is privately rented and 29.7% 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, 10, Milkwood Road, London, 18.1% of residents are recorded as possessing school level qualifications and 59.4% 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, 10, Milkwood Road, London, the average age was 35.5 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, 10, Milkwood Road, London, 0.5% 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, 10, Milkwood Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.