According to the public record, Flat A, 71, Shakespeare Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 812 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 71, Shakespeare Road, London, SE24.
Shakespeare Road, London, SE24 is located in the borough of Lambeth within the SE24 postal district.
Flat A, 71, Shakespeare Road, London has 31 entries in the Land Registry database, most recently in August 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat A 71 Shakespeare Road London as £674,688 and the rental value as £2,786 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat A 71 Shakespeare Road London has increased by £14,864 (2.2%) and its rental value has increased by £125 per month (4.5%).
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 A, 71, Shakespeare Road, London is in very good condition we estimate a sale value of £708,422 and rental value of £2,926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £627,460 and a rental value of £2,591 per month.
If you were able to purchase this property for the estimated value of £674,688, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,316 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 A, 71, Shakespeare Road, London was last sold on 17 Aug 2018 for £618,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2018, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 71, Shakespeare Road, London within a radius of 300 metres over the last 2 years.
The most recent example is 53B, Spenser Road, London, SE24 0NS, a Leasehold flat which sold for £550,000 in Jun 2022.
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 300 metres radius of Flat A, 71, Shakespeare 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.
Shakespeare Road, London, SE24 has a total of 340 addresses. According to our analysis of all the public data, Flat A, 71, Shakespeare Road, London is the 182nd largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in SE24.
The closest station to Flat A, 71, Shakespeare Road, London is Herne Hill station which is 500 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 A, 71, Shakespeare 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 A, 71, Shakespeare 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 A, 71, Shakespeare 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 A, 71, Shakespeare 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 A, 71, Shakespeare 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.