According to the public record, Flat 3, 6, Lancaster Avenue, London is a period leasehold apartment with 1,162 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 6, Lancaster Avenue, London, SE27.
Lancaster Avenue, London, SE27 is located in the borough of Lambeth within the SE27 postal district.
Flat 3, 6, Lancaster Avenue, London has 2 entries in the Land Registry database, most recently in July 2015 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 6 Lancaster Avenue London as £543,237 and the rental value as £2,514 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 3 6 Lancaster Avenue London has increased by £19,240 (3.5%) and its rental value has increased by £129 per month (5.1%).
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, 6, Lancaster Avenue, London is in very good condition we estimate a sale value of £570,399 and rental value of £2,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £505,210 and a rental value of £2,338 per month.
If you were able to purchase this property for the estimated value of £543,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,670 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, 6, Lancaster Avenue, London was last sold on 06 Jul 2015 for £475,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2015, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 6, Lancaster Avenue, London within a radius of 380 metres over the last 2 years.
The most recent example is Apartment 9, 20, Waylett Place, London, SE27 9AE, a Leasehold flat which sold for £567,500 in Aug 2023.
Read more about house prices in SE27.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Avenue, London, SE27 has a total of 168 addresses. According to our analysis of all the public data, Flat 3, 6, Lancaster Avenue, London is the 70th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in SE27.
Flat 3, 6, Lancaster Avenue, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Mar 2015.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 6, Lancaster Avenue, London is Tulse Hill station which is 400 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, 6, Lancaster Avenue, London, 33.1% of property is privately owned with a mortgage and 28.7% 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, 6, Lancaster Avenue, London, 12.4% of residents are recorded as possessing school level qualifications and 53.4% 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, 6, Lancaster Avenue, London, the average age was 36.5 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, 6, Lancaster Avenue, London, 2.1% 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, 6, Lancaster Avenue, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.