As updated by Your Home Managed in Mar 2024, Flat 4, Oldham House, London is a mid-century 106 year lease apartment with 419 ft2 of internal area comprising 1 bedroom .
There are 106 years remaining on the lease.
The apartment is in Oldham House, Kingswood Estate, London, SE21.
Kingswood Estate, London, SE21 is located in the borough of Southwark within the SE21 postal district.
Based on both the data supplied by Your Home Managed and the public information available in the area, we estimate the current sale value for Flat 4 Oldham House London as £217,965 and the rental value as £1,315 per month giving an expected gross yield of 7.2%.
Your Home Managed described the decorative condition as fair in Mar 2024.
Over the last 12 months the sale value of Flat 4 Oldham House London has increased by £8,919 (4.1%) and its rental value has increased by £74 per month (5.6%).
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, Oldham House, London is in very good condition we estimate a sale value of £228,863 and rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,707 and a rental value of £1,223 per month.
If you were able to purchase this property for the estimated value of £217,965, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,071 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, Oldham House, London was last sold on 22 Apr 2014 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 23.1%
According to Your Home Managed , Flat 4, Oldham House, London was let once since 2021 with the latest being in Dec 2023 for an undisclosed price.
Since Dec 2023, the market values of similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Oldham House, London within a radius of 460 metres over the last 2 years.
The most recent example is Flat 1, 233, Gipsy Road, London, SE27 9QY, a Leasehold flat which sold for £219,000 in Sep 2018.
Read more about house prices in SE21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kingswood Estate, London, SE21 has a total of 629 addresses. According to our analysis of all the public data, Flat 4, Oldham House, London is the 598th largest and the 593rd most expensive property on the street.
When compared to the postcode district it is £785k less expensive than the average property in SE21.
Flat 4, Oldham House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2021.
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 4, Oldham House, London is Gipsy 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, Oldham House, London, 65.9% of property is socially rented and 15.1% 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 4, Oldham House, London, 31.1% of residents are recorded as possessing school level qualifications and 35.5% 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 4, Oldham House, London, the average age was 37.4 and the most common age was 42.
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, Oldham House, London, 0.0% 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, Oldham House, 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.