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According to the public record, Flat 1, 9, Lancaster Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,133 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 9, Lancaster Road is £441,277 and the estimated rental value is £2,252 per month.
The apartment is within 9, Lancaster Road, London, SE25.
Lancaster Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
Flat 1, 9, Lancaster Road has a single entry in the Land Registry from August 2007 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 5 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, 9, Lancaster Road is in very good condition we estimate a sale value of £463,341 and a rental value of £2,365 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,388 and a rental value of £2,094 per month.
Over the last 12 months the sale value of Flat 1 9 Lancaster Road has decreased by an estimated £5,125 (1.2%) and its rental value has increased by an estimated £68 per month (3.0%), giving an expected gross yield of 6.1%.
According to HM Land Registry, Flat 1, 9, Lancaster Road was last sold on 24th August 2007 for £334,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 46.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 9, Lancaster Road within a radius of 350 metres over the last 2 years.
The most recent example is Flat 2, 20, Chalfont Road, London, SE25 4AA, a leasehold flat which sold for £360,000 on the 29th November 2024.
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, 9, Lancaster Road is the 24th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in SE25.
The nearest school is Harris Academy South Norwood which is 200 metres away. The nearest train station is Norwood Junction which is 400 metres away.
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