48, Thorne Road
48, Thorne Road
Description & Estimates
48, Thorne Road appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 617 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 48, Thorne Road is £554,235 and its rental estimate is £3,019 per month, given the available information and assuming reasonable condition.
48, Thorne Road is a residential building on Thorne Road, London, SW8 and falls within the SW8 postal district and the London Borough of Lambeth.
Our Data Sources
48, Thorne Road has a single entry in the Land Registry from December 2014 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.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 48, Thorne Road, we estimate a market value of £581,946 and a rental value of £3,170 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £515,438 and £2,807 per month respectively.
Recent Market Change
Over the last year, 48, Thorne Road has seen its estimated sale value decrease by £13,711 (2.5%) and its estimated rental value grow by £189 per month (6.3%). This results in an estimated gross rental yield of 6.5%.
Sold Prices
The most recent sale of 48, Thorne Road completed on 17th December 2014 at £550,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 21.7% over the period since December 2014.
- Sold Dec 2014£550,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Thorne Road have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2024, was Flat 3, 1, Lansdowne Gardens, London, SW8 2EQ, a leasehold flat which sold for £545,000.
Read more about house prices in SW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 70 addresses on Thorne Road, London, SW8, 48, Thorne Road comes out as the 20th largest and the 19th most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the SW8 district.
More reading links
Schools Nearby
- 200mHerbert Morrison Primary School
- 300mSt Stephen's Church of England Primary School
- 400mWyvil Primary School and Resource Bases for Speech, Language and Communication Needs, and Autism
- 500mPlatanos College
- 1.1kmLilian Baylis Technology School
- 1.5kmPimlico Academy
More reading links
Public Transport Nearby
From 48, Thorne Road, the nearest station is Nine Elms, 400 metres away.
- 400mNine Elms
- 600mStockwell
- 900mVauxhall
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
