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According to the public record, 247A, Albert Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 486 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 247A, Albert Road is £235,330 and the estimated rental value is £1,358 per month.
The apartment is within 247, Albert Road, London, SE25.
Albert Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
247A, Albert Road has 41 entries in the Land Registry , most recently in July 2024 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 1 out of 5 and is considered of low 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 247A, Albert Road is in very good condition we estimate a sale value of £247,097 and a rental value of £1,426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,857 and a rental value of £1,263 per month.
Over the last 12 months the sale value of 247A Albert Road has decreased by an estimated £2,143 (0.9%) and its rental value has increased by an estimated £42 per month (3.1%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 247A, Albert Road was last sold on 3rd July 2024 for £220,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2024, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 247A, Albert Road within a radius of 440 metres over the last 2 years.
The most recent example is 31, Southcote Road, London, SE25 4RG, a leasehold flat which sold for £311,000 on the 1st November 2021.
Read more about house prices in SE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, London, SE25 has a total of 395 addresses. According to our analysis of all the public data, 247A, Albert Road is the 323rd largest and the 308th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in SE25.
The nearest school is Oasis Academy Arena which is 200 metres away. The nearest train station is Elmers End which is 1.1 kilometres away.
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