According to the public record, Flat G2, 241, South Lambeth Road, London is a period apartment with 193 ft2 of internal area.
Apartments of this size in this area are normally studios with a garden.
The apartment is in 241, South Lambeth Road, London, SW8.
South Lambeth Road, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat G2, 241, South Lambeth Road, London has no records in the Land Registry database and a single entry in the EPC database dated March 2023.
We combine this information with public data 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 G2 241 South Lambeth Road London as £224,240 and the rental value as £1,236 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat G2 241 South Lambeth Road London has increased by £2,830 (1.3%) and its rental value has increased by £60 per month (4.8%).
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 G2, 241, South Lambeth Road, London is in very good condition we estimate a sale value of £235,453 and rental value of £1,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,544 and a rental value of £1,150 per month.
If you were able to purchase this property for the estimated value of £224,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,102 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 280 metres radius of Flat G2, 241, South Lambeth Road, London over the last 2 years.
The most recent example is Basement, 247, South Lambeth Road, London, SW8 1XR, a Leasehold flat which sold for £512,500 in Oct 2020.
Read more about house prices in SW8.
South Lambeth Road, London, SW8 has a total of 1104 addresses. According to our analysis of all the public data, Flat G2, 241, South Lambeth Road, London is the 1090th largest and the 989th most expensive property on the street.
When compared to the postcode district it is £359k less expensive than the average property in SW8.
Flat G2, 241, South Lambeth Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat G2, 241, South Lambeth Road, London is Stockwell 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 G2, 241, South Lambeth Road, London, 81.1% of property is privately rented and 11.0% is privately owned with a mortgage.
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 G2, 241, South Lambeth Road, London, 12.6% of residents are recorded as possessing school level qualifications and 55.5% 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 G2, 241, South Lambeth Road, London, the average age was 37.4 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 G2, 241, South Lambeth Road, London, 0.0% 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 G2, 241, South Lambeth Road, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.