According to the public record, Flat 3, 7, Rockmount Road, London is a period leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 7, Rockmount Road, London, SE19.
Rockmount Road, London, SE19 is located in the borough of Croydon within the SE19 postal district.
Flat 3, 7, Rockmount Road, London has 61 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated August 2013.
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 7 Rockmount Road London as £269,186 and the rental value as £1,189 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 3 7 Rockmount Road London has increased by £7,143 (2.7%) and its rental value has increased by £53 per month (4.5%).
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, 7, Rockmount Road, London is in very good condition we estimate a sale value of £282,645 and rental value of £1,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,343 and a rental value of £1,106 per month.
If you were able to purchase this property for the estimated value of £269,186, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,323 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, 7, Rockmount Road, London was last sold on 20 Oct 2023 for £262,251 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Oct 2023, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 7, Rockmount Road, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 2, 7, Rockmount Road, London, SE19 3SZ, a Leasehold flat which sold for £275,000 in Feb 2022.
Read more about house prices in SE19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 390 metres radius of Flat 3, 7, Rockmount Road, London over the last 2 years.
Most recently 7, Bankside Way, London, SE19 1HT, a Leasehold flat let by Orlando Reid in Mar 2023.
Rockmount Road, London, SE19 has a total of 96 addresses. According to our analysis of all the public data, Flat 3, 7, Rockmount Road, London is the 96th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in SE19.
Flat 3, 7, Rockmount Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 7, Rockmount Road, London is Gipsy Hill station which is 700 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, 7, Rockmount Road, London, 36.8% of property is privately owned with a mortgage and 28.0% 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, 7, Rockmount Road, London, 13.6% of residents are recorded as possessing school level qualifications and 53.5% 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, 7, Rockmount Road, London, the average age was 37.6 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, 7, Rockmount Road, London, 0.7% 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, 7, Rockmount Road, 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.