According to the public record, Flat 24, Thornicroft House, London is a period leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Thornicroft House, Stockwell Road, London, SW9.
Stockwell Road, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
Flat 24, Thornicroft House, London has 3 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated March 2013.
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 Thornicroft House London as £409,762 and the rental value as £2,356 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 24 Thornicroft House London has decreased by £1,251 (0.3%) and its rental value has increased by £10 per month (0.4%).
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, Thornicroft House, London is in very good condition we estimate a sale value of £430,250 and rental value of £2,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,079 and a rental value of £2,192 per month.
If you were able to purchase this property for the estimated value of £409,762, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,014 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, Thornicroft House, London was last sold on 08 Dec 2022 for £492,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2022, 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 24, Thornicroft House, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 17, Goffton House, Aytoun Road, London, SW9 0TX, a Leasehold flat which sold for £385,000 in Nov 2023.
Read more about house prices in SW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 240 metres radius of Flat 24, Thornicroft House, London over the last 2 years.
Most recently 19, Stockwell Lane, London, SW9 0SS, a Leasehold flat let by Your Home Managed in Mar 2024.
Stockwell Road, London, SW9 has a total of 842 addresses. According to our analysis of all the public data, Flat 24, Thornicroft House, London is the 117th largest and the 325th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in SW9.
Flat 24, Thornicroft House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2013.
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 24, Thornicroft House, London is Stockwell 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, Thornicroft House, London, 71.2% of property is socially rented and 17.4% 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, Thornicroft House, London, 30.0% of residents are recorded as possessing school level qualifications and 45.5% 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, Thornicroft House, London, the average age was 35.6 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 24, Thornicroft House, London, 0.3% 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, Thornicroft House, 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.