According to the public record, Flat 3, 17, Elmwood Road, London is a period leasehold apartment with 751 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 17, Elmwood Road, London, SE24.
Elmwood Road, London, SE24 is located in the borough of Southwark within the SE24 postal district.
Flat 3, 17, Elmwood Road, London has 31 entries in the Land Registry database, most recently in April 2011 and a single entry in the EPC database dated October 2008.
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 17 Elmwood Road London as £634,190 and the rental value as £2,569 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 3 17 Elmwood Road London has increased by £12,230 (1.9%) and its rental value has increased by £109 per month (4.3%).
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, 17, Elmwood Road, London is in very good condition we estimate a sale value of £665,899 and rental value of £2,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £589,797 and a rental value of £2,390 per month.
If you were able to purchase this property for the estimated value of £634,190, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,117 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, 17, Elmwood Road, London was last sold on 04 Apr 2011 for £310,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2011, the market for similar properties has risen 83.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 17, Elmwood Road, London within a radius of 460 metres over the last 2 years.
The most recent example is 14B, Wyneham Road, London, SE24 9NT, a Leasehold flat which sold for £798,880 in May 2020.
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 460 metres radius of Flat 3, 17, Elmwood Road, London over the last 2 years.
Most recently 55B, Beckwith Road, London, SE24 9LQ, a Leasehold flat let by Your Home Managed in Jul 2023.
Elmwood Road, London, SE24 has a total of 100 addresses. According to our analysis of all the public data, Flat 3, 17, Elmwood Road, London is the 63rd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £267k less expensive than the average property in SE24.
Flat 3, 17, Elmwood Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Oct 2008.
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, 17, Elmwood Road, London is North Dulwich 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, 17, Elmwood Road, London, 36.5% of property is privately owned with a mortgage and 29.5% 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 3, 17, Elmwood Road, London, 24.7% of residents are recorded as possessing school level qualifications and 61.8% 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, 17, Elmwood Road, London, the average age was 39.1 and the most common age was 12.
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, 17, Elmwood Road, 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 3, 17, Elmwood Road, 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.