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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 10, 1, Milles Square is £486,897 and the estimated rental value is £2,574 per month.
The apartment is within 1, Milles Square, London, SW9.
Milles Square, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
Flat 10, 1, Milles Square has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property 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 10, 1, Milles Square is in very good condition we estimate a sale value of £511,242 and a rental value of £2,702 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,814 and a rental value of £2,393 per month.
Over the last 12 months the sale value of Flat 10 1 Milles Square has decreased by an estimated £8,334 (1.7%) and its rental value has increased by an estimated £197 per month (7.7%), giving an expected gross yield of 6.3%.
Flat 10, 1, Milles Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Nov 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 10, 1, Milles Square was last sold on 20th October 2023 for £467,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2023, the market for similar properties has dropped 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, 1, Milles Square within a radius of 260 metres over the last 2 years.
The most recent example is Flat 1, 1, Milles Square, London, SW9 8GA, a leasehold flat which sold for £525,000 on the 31st May 2024.
Read more about house prices in SW9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milles Square, London, SW9 has a total of 69 addresses. According to our analysis of all the public data, Flat 10, 1, Milles Square is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £218 more expensive than the average property in SW9.
The nearest school is Hill Mead Primary School which is 300 metres away. The nearest train station is Brixton which is 300 metres away.
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