According to the public record, Flat 63, Herne Hill House, London is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Herne Hill House, Railton Road, London, SE24.
Railton Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
Flat 63, Herne Hill House, London has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated April 2023.
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 63 Herne Hill House London as £301,455 and the rental value as £1,659 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 63 Herne Hill House London has increased by £7,923 (2.6%) and its rental value has increased by £82 per month (4.9%).
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 63, Herne Hill House, London is in very good condition we estimate a sale value of £316,527 and rental value of £1,742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,353 and a rental value of £1,543 per month.
If you were able to purchase this property for the estimated value of £301,455, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,482 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 63, Herne Hill House, London was last sold on 12 Nov 2021 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 63, Herne Hill House, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 39, Herne Hill House, Railton Road, London, SE24 0EF, a Leasehold flat which sold for £190,000 in Oct 2023.
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 410 metres radius of Flat 63, Herne Hill House, London over the last 2 years.
Most recently Flat 1, 24, Kestrel Avenue, London, SE24 0EB, a Leasehold flat let by Your Home Managed in May 2022.
Railton Road, London, SE24 has a total of 437 addresses. According to our analysis of all the public data, Flat 63, Herne Hill House, London is the 321st largest and the 433rd most expensive property on the street.
When compared to the postcode district it is £599k less expensive than the average property in SE24.
Flat 63, Herne Hill House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to Flat 63, Herne Hill House, London is Herne Hill station which is 200 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 63, Herne Hill House, London, 67.1% of property is socially rented and 13.3% 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 63, Herne Hill House, London, 14.1% of residents are recorded as possessing school level qualifications and 43.7% 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 63, Herne Hill House, 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 63, Herne Hill House, London, 0.8% 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 63, Herne Hill House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.