According to the public record, Flat 3, Parade Mansions, London is a period leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Parade Mansions, Coldharbour Lane, London, SE5.
Coldharbour Lane, London, SE5 is located in the borough of Lambeth within the SE5 postal district.
Flat 3, Parade Mansions, London has a single entry in the Land Registry database from July 2014 and a single entry in the EPC database dated December 2021.
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 Parade Mansions London as £421,972 and the rental value as £2,396 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 3 Parade Mansions London has increased by £4,353 (1.0%) and its rental value has increased by £68 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, Parade Mansions, London is in very good condition we estimate a sale value of £443,071 and rental value of £2,516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,434 and a rental value of £2,228 per month.
If you were able to purchase this property for the estimated value of £421,972, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,074 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, Parade Mansions, London was last sold on 31 Jul 2014 for £375,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2014, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Parade Mansions, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 13, Denmark Mansions, Coldharbour Lane, London, SE5 9PX, a Leasehold flat which sold for £405,000 in Aug 2023.
Read more about house prices in SE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 270 metres radius of Flat 3, Parade Mansions, London over the last 2 years.
Most recently Ground Floor Flat, 150, Coldharbour Lane, London, SE5 9QH, a Leasehold flat let by Your Home Managed in Jun 2023.
Coldharbour Lane, London, SE5 has a total of 638 addresses. According to our analysis of all the public data, Flat 3, Parade Mansions, London is the 87th largest and the 335th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in SE5.
Flat 3, Parade Mansions, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Dec 2021.
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, Parade Mansions, London is Loughborough Junction 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, Parade Mansions, London, 68.5% of property is socially rented and 18.8% 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, Parade Mansions, London, 25.9% of residents are recorded as possessing school level qualifications and 42.4% 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, Parade Mansions, London, the average age was 35.5 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, Parade Mansions, London, 1.2% 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, Parade Mansions, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.