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According to the public record, 2, Cormont Road is a period freehold house with 1,969 ft2 of internal area and sits on a 174 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cormont Road is £1,326,492 and the estimated rental value is £6,081 per month.
Cormont Road, London, SE5 is located in the borough of Lambeth within the SE5 postal district.
2, Cormont Road has 41 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 2, Cormont Road is in very good condition we estimate a sale value of £1,392,817 and a rental value of £6,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,233,638 and a rental value of £5,655 per month.
Over the last 12 months the sale value of 2 Cormont Road has decreased by an estimated £58,068 (4.4%) and its rental value has increased by an estimated £236 per month (3.9%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Cormont Road sits on a plot of 174m2.
We have plot size data on 11 out of 12 other houses in the postcode and 2, Cormont Road sits on the 5th largest plot.
2, Cormont Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jun 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cormont Road was last sold on 7th January 2022 for £1,500,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2022, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cormont Road within a radius of 320 metres over the last 2 years.
The most recent example is 1, Brief Street, London, SE5 9RD, a freehold house which sold for £1,450,000 on the 18th December 2024.
Read more about house prices in SE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cormont Road, London, SE5 has a total of 215 addresses. According to our analysis of all the public data, 2, Cormont Road is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £821k more expensive than the average property in SE5.
The nearest school is Loughborough Primary School which is 300 metres away. The nearest train station is Loughborough Junction which is 700 metres away.
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