According to the public record, Flat 3, 104, Herne Hill, London is a period leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 104, Herne Hill, London, SE24.
Herne Hill, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
Flat 3, 104, Herne Hill, London has 61 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated March 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 3 104 Herne Hill London as £417,956 and the rental value as £1,803 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 3 104 Herne Hill London has increased by £9,819 (2.3%) and its rental value has increased by £85 per month (4.7%).
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 3, 104, Herne Hill, London is in very good condition we estimate a sale value of £438,854 and rental value of £1,893 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,699 and a rental value of £1,676 per month.
If you were able to purchase this property for the estimated value of £417,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,054 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 3, 104, Herne Hill, London was last sold on 02 Dec 2022 for £430,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2022, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 104, Herne Hill, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 2, 104, Herne Hill, London, SE24 9QP, a Leasehold flat which sold for £448,000 in Sep 2023.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 410 metres radius of Flat 3, 104, Herne Hill, London over the last 2 years.
Most recently 3, Ruskin Walk, London, SE24 9NA, a Freehold house let by Your Home Managed in Jun 2023.
Herne Hill, London, SE24 has a total of 474 addresses. According to our analysis of all the public data, Flat 3, 104, Herne Hill, London is the 408th largest and the 328th most expensive property on the street.
When compared to the postcode district it is £483k less expensive than the average property in SE24.
Flat 3, 104, Herne Hill, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Mar 2015.
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 3, 104, Herne Hill, 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 3, 104, Herne Hill, London, 35.1% of property is privately rented and 28.7% is privately owned with a mortgage.
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 3, 104, Herne Hill, London, 17.7% of residents are recorded as possessing school level qualifications and 73.5% 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 3, 104, Herne Hill, London, the average age was 35.5 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 3, 104, Herne Hill, London, 2.8% 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 3, 104, Herne Hill, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.