According to the public record, Flat 5, 3, Montrell Road, London is a period leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Montrell Road, London, SW2.
Montrell Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 5, 3, Montrell Road, London has 2 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated August 2022.
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 5 3 Montrell Road London as £434,265 and the rental value as £1,909 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 5 3 Montrell Road London has increased by £6,068 (1.4%) and its rental value has increased by £37 per month (1.9%).
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 5, 3, Montrell Road, London is in very good condition we estimate a sale value of £455,978 and rental value of £2,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,866 and a rental value of £1,776 per month.
If you were able to purchase this property for the estimated value of £434,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,134 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 5, 3, Montrell Road, London was last sold on 11 Sep 2018 for £407,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2018, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 3, Montrell Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 4, 79, Tierney Road, London, SW2 4QH, a Leasehold flat which sold for £367,000 in Jun 2023.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 290 metres radius of Flat 5, 3, Montrell Road, London over the last 2 years.
Most recently Flat 19, Christchurch House, Christchurch Road, London, SW2 3UA, a Leasehold flat let by Your Home Managed in May 2022.
Montrell Road, London, SW2 has a total of 160 addresses. According to our analysis of all the public data, Flat 5, 3, Montrell Road, London is the 78th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in SW2.
Flat 5, 3, Montrell Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2022.
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 5, 3, Montrell Road, London is Streatham 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 5, 3, Montrell Road, London, 64.8% of property is privately rented and 18.7% is socially 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 5, 3, Montrell Road, London, 17.2% of residents are recorded as possessing school level qualifications and 60.8% 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 5, 3, Montrell Road, London, the average age was 36.6 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 5, 3, Montrell Road, London, 2.5% 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 5, 3, Montrell Road, 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.