According to the public record, Flat 8, 170, Sumner Road, London is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 170, Sumner Road, London, SE15.
Sumner Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 8, 170, Sumner Road, London has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated December 2018.
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 8 170 Sumner Road London as £498,185 and the rental value as £2,300 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 8 170 Sumner Road London has increased by £5,652 (1.1%) and its rental value has increased by £90 per month (3.9%).
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 8, 170, Sumner Road, London is in very good condition we estimate a sale value of £523,095 and rental value of £2,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,312 and a rental value of £2,139 per month.
If you were able to purchase this property for the estimated value of £498,185, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,448 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 8, 170, Sumner Road, London was last sold on 30 Mar 2020 for £547,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 170, Sumner Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 1, 16, Peckham Hill Street, London, SE15 6BN, a Leasehold flat which sold for £530,000 in Sep 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sumner Road, London, SE15 has a total of 440 addresses. According to our analysis of all the public data, Flat 8, 170, Sumner Road, London is the 152nd largest and the 105th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in SE15.
Flat 8, 170, Sumner Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 8, 170, Sumner Road, London is Peckham Rye station which is 900 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 8, 170, Sumner Road, London, 63.7% of property is socially rented and 14.3% 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 8, 170, Sumner Road, London, 26.5% of residents are recorded as possessing school level qualifications and 44.4% 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 8, 170, Sumner Road, London, the average age was 34.8 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 8, 170, Sumner Road, London, 0.4% 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 8, 170, Sumner Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.