According to the public record, Flat 7, 31-33 , Milton Road, London is a period leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 31-33, Milton Road, London, SE24.
Milton Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
Flat 7, 31-33 , Milton Road, London has 31 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated January 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 7 31-33 Milton Road London as £332,143 and the rental value as £1,498 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 7 31-33 Milton Road London has increased by £9,247 (2.8%) and its rental value has increased by £76 per month (5.1%).
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 7, 31-33 , Milton Road, London is in very good condition we estimate a sale value of £348,750 and rental value of £1,572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,893 and a rental value of £1,393 per month.
If you were able to purchase this property for the estimated value of £332,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,632 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 7, 31-33 , Milton Road, London was last sold on 15 Nov 2013 for £202,765 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2013, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 31-33 , Milton Road, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 3, 28, Milton Road, London, SE24 0NP, a Leasehold flat which sold for £265,000 in Mar 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 350 metres radius of Flat 7, 31-33 , Milton 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.
Milton Road, London, SE24 has a total of 113 addresses. According to our analysis of all the public data, Flat 7, 31-33 , Milton Road, London is the 100th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £569k less expensive than the average property in SE24.
Flat 7, 31-33 , Milton Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2021.
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 7, 31-33 , Milton Road, London is Herne Hill 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 7, 31-33 , Milton Road, London, 33.0% of property is privately owned with a mortgage and 27.3% 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 7, 31-33 , Milton Road, London, 15.9% of residents are recorded as possessing school level qualifications and 70.6% 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 7, 31-33 , Milton 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 7, 31-33 , Milton Road, London, 1.7% 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 7, 31-33 , Milton 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.