According to the public record, Flat 18, Kennington Palace Court, London is a period leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Kennington Palace Court, Sancroft Street, London, SE11.
Sancroft Street, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Flat 18, Kennington Palace Court, London has a single entry in the Land Registry database from February 2011 and a single entry in the EPC database dated August 2020.
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 Kennington Palace Court London as £707,772 and the rental value as £3,163 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 18 Kennington Palace Court London has increased by £10,346 (1.5%) and its rental value has increased by £151 per month (4.8%).
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, Kennington Palace Court, London is in very good condition we estimate a sale value of £743,161 and rental value of £3,321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £658,228 and a rental value of £2,942 per month.
If you were able to purchase this property for the estimated value of £707,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,478 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, Kennington Palace Court, London was last sold on 21 Feb 2011 for £500,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2011, the market for similar properties has risen 62.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Kennington Palace Court, London within a radius of 240 metres over the last 2 years.
The most recent example is 315A, Kennington Road, London, SE11 4QE, a Leasehold flat which sold for £675,000 in Dec 2022.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sancroft Street, London, SE11 has a total of 264 addresses. According to our analysis of all the public data, Flat 18, Kennington Palace Court, London is the 24th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in SE11.
Flat 18, Kennington Palace Court, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2020.
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 18, Kennington Palace Court, London is Kennington 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, Kennington Palace Court, London, 49.4% of property is socially rented and 37.1% 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 18, Kennington Palace Court, London, 16.1% of residents are recorded as possessing school level qualifications and 67.7% 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, Kennington Palace Court, London, the average age was 36.8 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 18, Kennington Palace Court, London, 1.1% 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, Kennington Palace Court, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.