According to the public record, Flat 19, 89, Norwood Road, London is a leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 89, Norwood Road, London, SE24.
Norwood Road, London, SE24 is located in the borough of Southwark within the SE24 postal district.
Flat 19, 89, Norwood Road, London has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated January 2018.
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 19 89 Norwood Road London as £462,658 and the rental value as £2,466 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 19 89 Norwood Road London has increased by £8,222 (1.8%) and its rental value has increased by £100 per month (4.1%).
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 19, 89, Norwood Road, London is in very good condition we estimate a sale value of £485,791 and rental value of £2,589 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,272 and a rental value of £2,293 per month.
If you were able to purchase this property for the estimated value of £462,658, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,274 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 19, 89, Norwood Road, London was last sold on 24 Feb 2021 for £449,999 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 19, 89, Norwood Road, London within a radius of 520 metres over the last 2 years.
The most recent example is Flat 3, 89, Norwood Road, London, SE24 9AA, a Leasehold flat which sold for £417,500 in Aug 2022.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norwood Road, London, SE24 has a total of 544 addresses. According to our analysis of all the public data, Flat 19, 89, Norwood Road, London is the 288th largest and the 313th most expensive property on the street.
When compared to the postcode district it is £438k less expensive than the average property in SE24.
Flat 19, 89, Norwood Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2018.
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 19, 89, Norwood Road, London is Herne Hill 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 19, 89, Norwood Road, London, 38.9% of property is privately owned with a mortgage and 38.3% is privately owned outright.
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 19, 89, Norwood Road, London, 21.3% of residents are recorded as possessing school level qualifications and 78.1% 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 19, 89, Norwood Road, London, the average age was 39.1 and the most common age was 12.
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 19, 89, Norwood Road, London, 12.6% 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 19, 89, Norwood Road, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.