According to the public record, Flat 86, Lockwood House, London is a early-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lockwood House, Kennington Oval, London, SE11.
Kennington Oval, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Flat 86, Lockwood House, London has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated December 2020.
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 86 Lockwood House London as £334,344 and the rental value as £1,802 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 86 Lockwood House London has increased by £6,330 (1.9%) and its rental value has increased by £94 per month (5.2%).
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 86, Lockwood House, London is in very good condition we estimate a sale value of £351,061 and rental value of £1,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,940 and a rental value of £1,675 per month.
If you were able to purchase this property for the estimated value of £334,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,643 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 86, Lockwood House, London was last sold on 10 Dec 2010 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 66.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 86, Lockwood House, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 28, Lockwood House, Kennington Oval, London, SE11 5SZ, a Leasehold flat which sold for £360,500 in Nov 2021.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kennington Oval, London, SE11 has a total of 309 addresses. According to our analysis of all the public data, Flat 86, Lockwood House, London is the 237th largest and the 271st most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in SE11.
Flat 86, Lockwood House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2020.
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 86, Lockwood House, London is Oval station which is 100 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 86, Lockwood House, London, 74.8% of property is socially rented and 14.0% 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 86, Lockwood House, London, 22.2% of residents are recorded as possessing school level qualifications and 37.5% 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 86, Lockwood House, London, the average age was 36.8 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 86, Lockwood House, London, 0.7% 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 86, Lockwood 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.