According to the public record, Flat 4, 15, Spenser Road, London is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 15, Spenser Road, London, SE24.
Spenser Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
Flat 4, 15, Spenser Road, London has a single entry in the Land Registry database from May 2024 and a single entry in the EPC database dated September 2019.
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 4 15 Spenser Road London as £450,168 and the rental value as £2,042 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 4 15 Spenser Road London has increased by £8,992 (2.0%) and its rental value has increased by £88 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 4, 15, Spenser Road, London is in very good condition we estimate a sale value of £472,676 and rental value of £2,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,656 and a rental value of £1,899 per month.
If you were able to purchase this property for the estimated value of £450,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,212 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 4, 15, Spenser Road, London was last sold on 07 May 2024 for £417,666 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 15, Spenser Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1, 30, Spenser Road, London, SE24 0NR, a Leasehold flat which sold for £450,000 in Jun 2024.
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 1 let within a 320 metres radius of Flat 4, 15, Spenser Road, London over the last 2 years.
Most recently Flat 14, 39, Effra Parade, London, SW2 1PG, a Leasehold flat let by Your Home Managed in Sep 2023.
Spenser Road, London, SE24 has a total of 117 addresses. According to our analysis of all the public data, Flat 4, 15, Spenser Road, London is the 108th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £451k less expensive than the average property in SE24.
Flat 4, 15, Spenser Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2019.
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 4, 15, Spenser Road, London is Herne 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 4, 15, Spenser Road, London, 30.1% of property is privately owned with a mortgage and 28.5% 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 4, 15, Spenser Road, London, 16.8% of residents are recorded as possessing school level qualifications and 72.9% 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 4, 15, Spenser Road, London, the average age was 35.7 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 4, 15, Spenser Road, London, 0.5% 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 4, 15, Spenser Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.