According to the public record, Flat B, 27, Martell Road, London is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 27, Martell Road, London, SE21.
Martell Road, London, SE21 is located in the borough of Lambeth within the SE21 postal district.
Flat B, 27, Martell Road, London has 31 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated August 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 B 27 Martell Road London as £444,429 and the rental value as £1,765 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat B 27 Martell Road London has increased by £13,522 (3.0%) and its rental value has increased by £69 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 B, 27, Martell Road, London is in very good condition we estimate a sale value of £466,651 and rental value of £1,853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,319 and a rental value of £1,641 per month.
If you were able to purchase this property for the estimated value of £444,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,184 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 B, 27, Martell Road, London was last sold on 31 Aug 2021 for £441,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2021, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 27, Martell Road, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 2, 50, Martell Road, London, SE21 8EE, a Leasehold flat which sold for £395,000 in Nov 2023.
Read more about house prices in SE21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martell Road, London, SE21 has a total of 152 addresses. According to our analysis of all the public data, Flat B, 27, Martell Road, London is the 60th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £559k less expensive than the average property in SE21.
Flat B, 27, Martell Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2021.
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 B, 27, Martell Road, London is West Norwood station which is 700 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 B, 27, Martell Road, London, 40.7% of property is privately owned with a mortgage and 38.1% 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 B, 27, Martell Road, London, 15.9% of residents are recorded as possessing school level qualifications and 70.7% 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 B, 27, Martell Road, London, the average age was 36.5 and the most common age was 32.
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 B, 27, Martell 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 B, 27, Martell Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.