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According to the public record, Flat 13, 1, Milles Square is a modern leasehold apartment with 505 ft2 of internal area.
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 13, 1, Milles Square is £392,341 and the estimated rental value is £2,122 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 13, 1, Milles Square has 2 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated November 2023.
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 13, 1, Milles Square is in very good condition we estimate a sale value of £411,958 and a rental value of £2,228 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,877 and a rental value of £1,973 per month.
Over the last 12 months the sale value of Flat 13 1 Milles Square has decreased by an estimated £6,716 (1.7%) and its rental value has increased by an estimated £163 per month (7.7%), giving an expected gross yield of 6.5%.
Flat 13, 1, Milles Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 13, 1, Milles Square was last sold on 19th April 2018 for £410,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2018, the market for similar properties has dropped 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, 1, Milles Square within a radius of 260 metres over the last 2 years.
The most recent example is Flat 23, 2, Carney Place, London, SW9 8GF, a leasehold flat which sold for £418,000 on the 4th November 2022.
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 13, 1, Milles Square is the 68th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £94k less 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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