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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 11, Ormerod House 148 is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 11, Ormerod House 148 is £293,100 and the estimated rental value is £1,741 per month.
The apartment is within Ormerod House, Cottage Grove, London, SW9.
Cottage Grove, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
Flat 11, Ormerod House 148 has a single entry in the Land Registry from August 2008 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 11, Ormerod House 148 is in very good condition we estimate a sale value of £307,755 and a rental value of £1,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,583 and a rental value of £1,620 per month.
Over the past 12 months, the estimated sale value of Flat 11, Ormerod House 148 has declined by £5,597 (1.9%), while its estimated rental value has climbed by £134 per month (7.7%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Flat 11, Ormerod House 148 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 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 11, Ormerod House 148 was last sold on 27th August 2008 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2008, the market for similar properties has risen by 81.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Ormerod House 148 within a radius of 270 metres over the last 2 years.
The most recent example is Flat 21, Ormerod House 148, Cottage Grove, London, SW9 9NP, a leasehold flat which sold for £302,500 on the 25th March 2014.
Read more about house prices in SW9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cottage Grove, London, SW9 has a total of 180 addresses. According to our analysis of all the public data, Flat 11, Ormerod House 148 is the 97th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in SW9.
The closest station to Flat 11, Ormerod House 148 is Clapham North station, which is 200 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, Ormerod House 148, 66.4% of property is socially rented and 22.7% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 11, Ormerod House 148, 24.4% of residents are recorded as possessing school level qualifications and 43.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 11, Ormerod House 148, the average age was 34.9 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 11, Ormerod House 148, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 11, Ormerod House 148, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
