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According to the public record, Flat 1, 23, Albert Square is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 759 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 23, Albert Square is £588,561 and the estimated rental value is £3,264 per month.
The apartment is within 23, Albert Square, London, SW8.
Albert Square, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 1, 23, Albert Square has 41 entries in the Land Registry , most recently in January 2021 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 2 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 Flat 1, 23, Albert Square is in very good condition we estimate a sale value of £617,989 and a rental value of £3,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,362 and a rental value of £3,036 per month.
Over the last 12 months the sale value of Flat 1 23 Albert Square has decreased by an estimated £14,561 (2.5%) and its rental value has increased by an estimated £205 per month (6.3%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Flat 1, 23, Albert Square was last sold on 8th January 2021 for £740,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 23, Albert Square within a radius of 250 metres over the last 2 years.
The most recent example is Flat 1, 7, St. Stephens Terrace, London, SW8 1DJ, a leasehold flat which sold for £640,000 on the 29th November 2024.
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, Flat 1, 23, Albert Square is the 54th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in SW8.
The nearest school is St Stephen's Church of England Primary School which is 300 metres away. The nearest train station is Stockwell which is 600 metres away.
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