Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 1, 38, Lancaster Road is a period leasehold apartment with 818 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 Flat 1, 38, Lancaster Road is £389,336 and the estimated rental value is £1,946 per month.
The apartment is within 38, Lancaster Road, London, SE25.
Lancaster Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
Flat 1, 38, Lancaster Road has 21 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property 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 Flat 1, 38, Lancaster Road is in very good condition we estimate a sale value of £408,803 and a rental value of £2,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,082 and a rental value of £1,810 per month.
Over the last 12 months the sale value of Flat 1 38 Lancaster Road has decreased by an estimated £3,500 (0.9%) and its rental value has increased by an estimated £61 per month (3.1%), giving an expected gross yield of 6%.
Flat 1, 38, Lancaster Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 38, Lancaster Road was last sold on 26th October 2022 for £457,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has dropped 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 38, Lancaster Road within a radius of 500 metres over the last 2 years.
The most recent example is 30A, Lancaster Road, London, SE25 4AF, a leasehold flat which sold for £365,000 on the 20th December 2023.
Read more about house prices in SE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, London, SE25 has a total of 248 addresses. According to our analysis of all the public data, Flat 1, 38, Lancaster Road is the 68th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in SE25.
The nearest school is Harris Academy South Norwood which is 500 metres away. The nearest train station is Norwood Junction which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
