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By comparing it to neighbours, we estimate that it is a period house with 2,607 ft2 of internal area and sits on a 264 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Albert Square is £1,802,598 and the estimated rental value is £8,355 per month.
Albert Square, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
5, Albert Square has 21 entries in the Land Registry , most recently in October 2020 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 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 5, Albert Square is in very good condition we estimate a sale value of £1,892,728 and a rental value of £8,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,676,416 and a rental value of £7,770 per month.
Over the last 12 months the sale value of 5 Albert Square has decreased by an estimated £82,233 (4.6%) and its rental value has increased by an estimated £337 per month (4.0%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 5, Albert Square sits on a plot of 264m2.
According to HM Land Registry, 5, Albert Square was last sold on 22nd October 2020 for £2,050,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Albert Square within a radius of 260 metres over the last 2 years.
The most recent example is 3, Aldebert Terrace, London, SW8 1BH, a freehold house which sold for £2,100,000 on the 25th September 2020.
Read more about house prices in SW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Square, London, SW8 has a total of 128 addresses. According to our analysis of all the public data, 5, Albert Square is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.203m more expensive than the average property in SW8.
The nearest school is Reay Primary School which is 311 metres away. The nearest train station is Stockwell which is 500 metres away.
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