Flat 1, 4
Flat 1, 4
Description & Estimates
Flat 1, 4, Martell Road is recorded publicly as a period leasehold apartment across 796 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 4, Martell Road is £494,119 and its rental estimate is £2,329 per month, given the available information and assuming reasonable condition.
4, Martell Road is a residential building on Martell Road, London, SE21 and falls within the SE21 postal district and the London Borough of Lambeth.
Our Data Sources
Flat 1, 4, Martell Road has 41 entries in the Land Registry , most recently in April 2022 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 4 out of 5 and is considered of high 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, 4, Martell Road, we estimate a market value of £518,825 and a rental value of £2,446 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £459,531 and £2,166 per month respectively.
Recent Market Change
Over the last year, Flat 1, 4, Martell Road has seen its estimated sale value fall by £8,108 (1.6%) and its estimated rental value move up by £109 per month (4.7%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 1, 4, Martell Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 4, Martell Road completed on 20th April 2022 at £555,786 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 11.4% over the period since April 2022.
- Sold Apr 2022£555,786
- Sold Jan 2007£245,000
- Sold Apr 2002£168,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 4, Martell Road have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was 95, Chestnut Road, London, SE27 9LD, a leasehold flat which sold for £518,000.
Read more about house prices in SE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 176 addresses on Martell Road, London, SE21, Flat 1, 4, Martell Road comes out as the 29th largest and the 28th most expensive in our analysis of the public data.
It is also £516k less expensive than the average property across the SE21 district.
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Schools Nearby
- 300mElm Wood School
- 800mKingswood Primary School
- 800mJulian's School
- 700mKingsdale Foundation School
- 800mThe Elmgreen School
- 1.2kmThe Norwood School
More reading links
Public Transport Nearby
From Flat 1, 4, Martell Road, the nearest station is West Norwood, 700 metres away.
- 700mWest Norwood
- 800mWest Dulwich
- 1.0kmSydenham Hill
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
