According to the public record, Flat 3, 121, Lordship Lane, London is a period leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 121, Lordship Lane, London, SE22.
Lordship Lane, London, SE22 is located in the borough of Southwark within the SE22 postal district.
Flat 3, 121, Lordship Lane, London has 2 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated March 2016.
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 3 121 Lordship Lane London as £336,897 and the rental value as £1,518 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 3 121 Lordship Lane London has increased by £11,801 (3.5%) and its rental value has increased by £97 per month (6.4%).
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 3, 121, Lordship Lane, London is in very good condition we estimate a sale value of £353,742 and rental value of £1,593 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,314 and a rental value of £1,411 per month.
If you were able to purchase this property for the estimated value of £336,897, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,656 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, 121, Lordship Lane, London was last sold on 19 Dec 2018 for £310,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 121, Lordship Lane, London within a radius of 320 metres over the last 2 years.
The most recent example is 140C , Lordship Lane, London, SE22 8HD, a Leasehold flat which sold for £300,000 in Mar 2019.
Read more about house prices in SE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lordship Lane, London, SE22 has a total of 1095 addresses. According to our analysis of all the public data, Flat 3, 121, Lordship Lane, London is the 1000th largest and the 901st most expensive property on the street.
When compared to the postcode district it is £406k less expensive than the average property in SE22.
Flat 3, 121, Lordship Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2016.
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 3, 121, Lordship Lane, London is East Dulwich station which is 600 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, 121, Lordship Lane, London, 68.1% of property is privately rented and 14.2% 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, 121, Lordship Lane, London, 12.7% of residents are recorded as possessing school level qualifications and 66.2% 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, 121, Lordship Lane, 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 3, 121, Lordship Lane, 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 3, 121, Lordship Lane, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.