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According to the public record, 8, Herschell Mews is a period leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Herschell Mews is £719,007 and the estimated rental value is £3,220 per month.
Herschell Mews, London, SE5 is located in the borough of Lambeth within the SE5 postal district.
8, Herschell Mews has 2 entries in the Land Registry , most recently in August 2015 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 3 out of 5 and is considered of medium 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 8, Herschell Mews is in very good condition we estimate a sale value of £754,957 and a rental value of £3,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £668,676 and a rental value of £2,995 per month.
Over the last 12 months the sale value of 8 Herschell Mews has decreased by an estimated £17,494 (2.4%) and its rental value has increased by an estimated £159 per month (4.9%), giving an expected gross yield of 5.4%.
8, Herschell Mews has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 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, 8, Herschell Mews was last sold on 21st August 2015 for £625,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2015, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Herschell Mews within a radius of 410 metres over the last 2 years.
The most recent example is 9, Herschell Mews, London, SE5 9AT, a leasehold flat which sold for £705,000 on the 18th September 2023.
Read more about house prices in SE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herschell Mews, London, SE5 has a total of 10 addresses. According to our analysis of all the public data, 8, Herschell Mews is the largest and the most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in SE5.
The nearest school is St Saviour's Church of England Primary School which is 0 metres away. The nearest train station is Loughborough Junction which is 500 metres away.
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