According to the public record, Flat 3, 54, Norfolk House Road, London is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 54, Norfolk House Road, London, SW16.
Norfolk House Road, London, SW16 is located in the borough of Lambeth within the SW16 postal district.
Flat 3, 54, Norfolk House Road, London has 2 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated September 2022.
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 54 Norfolk House Road London as £560,069 and the rental value as £2,483 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 3 54 Norfolk House Road London has increased by £11,341 (2.0%) and its rental value has increased by £73 per month (2.9%).
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, 54, Norfolk House Road, London is in very good condition we estimate a sale value of £588,073 and rental value of £2,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,864 and a rental value of £2,309 per month.
If you were able to purchase this property for the estimated value of £560,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,753 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, 54, Norfolk House Road, London was last sold on 15 Mar 2018 for £380,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2018, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 54, Norfolk House Road, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 1, 1, Norfolk House Road, London, SW16 1JL, a Leasehold flat which sold for £509,000 in Feb 2024.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 340 metres radius of Flat 3, 54, Norfolk House Road, London over the last 2 years.
Most recently Flat 20, Norwich House 11, Streatham High Road, London, SW16 1DG, a Leasehold flat let by Your Home Managed in Jul 2022.
Norfolk House Road, London, SW16 has a total of 166 addresses. According to our analysis of all the public data, Flat 3, 54, Norfolk House Road, London is the 106th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in SW16.
Flat 3, 54, Norfolk House Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Sep 2022.
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, 54, Norfolk House Road, London is Streatham Hill station which is 500 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, 54, Norfolk House Road, London, 38.7% of property is privately owned with a mortgage and 35.5% 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 3, 54, Norfolk House Road, London, 13.9% of residents are recorded as possessing school level qualifications and 65.8% 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, 54, Norfolk House Road, London, the average age was 36.8 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, 54, Norfolk House Road, London, 1.3% 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, 54, Norfolk House 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.