According to the public record, Flat 2A, 23, Underhill Road, London is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 23, Underhill Road, London, SE22.
Underhill Road, London, SE22 is located in the borough of Southwark within the SE22 postal district.
Flat 2A, 23, Underhill Road, London has 41 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated June 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 2A 23 Underhill Road London as £435,752 and the rental value as £1,859 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 2A 23 Underhill Road London has increased by £9,509 (2.2%) and its rental value has increased by £93 per month (5.0%).
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 2A, 23, Underhill Road, London is in very good condition we estimate a sale value of £457,539 and rental value of £1,952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,249 and a rental value of £1,729 per month.
If you were able to purchase this property for the estimated value of £435,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,142 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 2A, 23, Underhill Road, London was last sold on 22 Oct 2021 for £365,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2021, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2A, 23, Underhill Road, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 1A, 14-16 , Underhill Road, London, SE22 0AH, a Leasehold flat which sold for £420,000 in Nov 2022.
Read more about house prices in SE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Underhill Road, London, SE22 has a total of 604 addresses. According to our analysis of all the public data, Flat 2A, 23, Underhill Road, London is the 488th largest and the 441st most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in SE22.
Flat 2A, 23, Underhill Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2A, 23, Underhill Road, London is Forest Hill station which is 1.0 kilometres 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 2A, 23, Underhill Road, London, 35.2% of property is privately rented and 26.8% 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 2A, 23, Underhill Road, London, 10.7% of residents are recorded as possessing school level qualifications and 59.6% 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 2A, 23, Underhill Road, London, the average age was 36.7 and the most common age was 32.
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 2A, 23, Underhill Road, London, 1.2% 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 2A, 23, Underhill Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.