According to the public record, Flat 18, Cormorant Court, London is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cormorant Court, Elmworth Grove, London, SE21.
Elmworth Grove, London, SE21 is located in the borough of Lambeth within the SE21 postal district.
Flat 18, Cormorant Court, London has 21 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated December 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 18 Cormorant Court London as £298,673 and the rental value as £1,486 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 18 Cormorant Court London has increased by £9,607 (3.2%) and its rental value has increased by £59 per month (4.0%).
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 18, Cormorant Court, London is in very good condition we estimate a sale value of £313,607 and rental value of £1,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,766 and a rental value of £1,382 per month.
If you were able to purchase this property for the estimated value of £298,673, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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 18, Cormorant Court, London was last sold on 18 Jul 2016 for £320,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Cormorant Court, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 3, Eagle Court, Rosendale Road, London, SE21 8RE, a Leasehold flat which sold for £295,000 in Feb 2024.
Read more about house prices in SE21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmworth Grove, London, SE21 has a total of 153 addresses. According to our analysis of all the public data, Flat 18, Cormorant Court, London is the 150th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £705k less expensive than the average property in SE21.
Flat 18, Cormorant Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 18, Cormorant Court, London is West Dulwich 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 18, Cormorant Court, London, 30.3% of property is privately owned with a mortgage and 26.3% 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 18, Cormorant Court, London, 19.4% of residents are recorded as possessing school level qualifications and 62.6% 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 18, Cormorant Court, London, the average age was 37.2 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 18, Cormorant Court, London, 1.6% 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 18, Cormorant Court, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.