According to the public record, Flat 24, Oval Mansions, London is a period leasehold apartment with 1,313 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Oval Mansions, Kennington Oval, London, SE11.
Kennington Oval, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Flat 24, Oval Mansions, London has 3 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated July 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 24 Oval Mansions London as £989,408 and the rental value as £3,806 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 24 Oval Mansions London has increased by £6,421 (0.6%) and its rental value has increased by £150 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 24, Oval Mansions, London is in very good condition we estimate a sale value of £1,038,879 and rental value of £3,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £920,150 and a rental value of £3,539 per month.
If you were able to purchase this property for the estimated value of £989,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,863 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 24, Oval Mansions, London was last sold on 14 Jul 2023 for £928,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2023, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Oval Mansions, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 172, Imperial Court 225, Kennington Lane, London, SE11 5QN, a Leasehold flat which sold for £770,000 in Sep 2022.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kennington Oval, London, SE11 has a total of 309 addresses. According to our analysis of all the public data, Flat 24, Oval Mansions, London is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £436k more expensive than the average property in SE11.
Flat 24, Oval Mansions, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jul 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 24, Oval Mansions, London is Oval station which is 400 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 24, Oval Mansions, London, 49.6% of property is socially rented and 28.0% 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 24, Oval Mansions, London, 17.8% of residents are recorded as possessing school level qualifications and 57.5% 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 24, Oval Mansions, 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 24, Oval Mansions, London, 0.8% 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 24, Oval Mansions, 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.