According to the public record, Flat 2, 42, Montrell Road, London is a period leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 42, Montrell Road, London, SW2.
Montrell Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 2, 42, Montrell Road, London has a single entry in the Land Registry database from November 2009 and a single entry in the EPC database dated December 2019.
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 2 42 Montrell Road London as £279,165 and the rental value as £1,301 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 42 Montrell Road London has increased by £5,936 (2.1%) and its rental value has increased by £34 per month (2.6%).
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 2, 42, Montrell Road, London is in very good condition we estimate a sale value of £293,123 and rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,623 and a rental value of £1,210 per month.
If you were able to purchase this property for the estimated value of £279,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,372 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 2, 42, Montrell Road, London was last sold on 30 Nov 2009 for £117,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2009, the market for similar properties has risen 92.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 42, Montrell Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 2, 5, Tierney Road, London, SW2 4QL, a Leasehold flat which sold for £260,000 in Jun 2022.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of Flat 2, 42, Montrell Road, London over the last 2 years.
Most recently Flat 19, Christchurch House, Christchurch Road, London, SW2 3UA, a Leasehold flat let by Your Home Managed in May 2022.
Montrell Road, London, SW2 has a total of 160 addresses. According to our analysis of all the public data, Flat 2, 42, Montrell Road, London is the 149th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in SW2.
Flat 2, 42, Montrell Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 2, 42, Montrell Road, London is Streatham Hill station which is 700 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 2, 42, Montrell Road, London, 64.8% of property is privately rented and 18.7% 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 2, 42, Montrell Road, London, 17.2% of residents are recorded as possessing school level qualifications and 60.8% 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 2, 42, Montrell Road, London, the average age was 36.6 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 2, 42, Montrell Road, London, 2.5% 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 2, 42, Montrell Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.