Flat 1, 2C
Flat 1, 2C
Description & Estimates
Flat 1, 2C, Merttins Road is recorded publicly as a modern leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 2C, Merttins Road is £395,303 and its rental estimate is £2,216 per month, given the available information and assuming reasonable condition.
2C, Merttins Road is a residential building on Merttins Road, London, SE15 and falls within the SE15 postal district and the London Borough of Southwark.
Our Data Sources
Flat 1, 2C, Merttins Road has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Flat 1, 2C, Merttins Road, we estimate a market value of £415,069 and a rental value of £2,327 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £367,632 and £2,061 per month respectively.
Recent Market Change
Over the last year, Flat 1, 2C, Merttins Road has seen its estimated sale value fall by £7,174 (1.8%) and its estimated rental value move up by £117 per month (5.3%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 1, 2C, Merttins Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 2C, Merttins Road completed on 7th October 2009 at £230,000 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 risen by 61.8% over the period since October 2009.
- Sold Oct 2009£230,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 2C, Merttins Road have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th July 2024, was Flat 7, 41, Athenlay Road, London, SE15 3EA, a leasehold flat which sold for £425,000.
Read more about house prices in SE15.
- Sold Jul 2024£425,000 | 2 Bed Flat41, Athenlay RoadFlat 7, 41, Athenlay Road, London, SE15 3EA
- Sold Jul 2023£372,500 | 2 Bed Flat41, Athenlay RoadFlat 8, 41, Athenlay Road, London, SE15 3EA
- Sold May 2020£365,000 | 2 Bed FlatMckenzie Court 300, Ivydale RoadFlat 4, Mckenzie Court 300, Ivydale Road, London, SE15 3BN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Merttins Road, London, SE15, Flat 1, 2C, Merttins Road comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the SE15 district.
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Schools Nearby
- 300mIvydale Primary School
- 400mTurnham Academy
- 800mBeecroft Garden Primary
- 500mHarris Girls' Academy East Dulwich
- 1.2kmHaberdashers' Hatcham College
- 1.3kmHarris Boys' Academy East Dulwich
More reading links
Public Transport Nearby
From Flat 1, 2C, Merttins Road, the nearest station is Crofton Park, 800 metres away.
- 800mCrofton Park
- 800mHonor Oak Park
- 1.0kmBrockley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
