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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 2, 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 2, 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 2, 1, Milles Square has 2 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated May 2024.
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 2, 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 2 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 2, 1, Milles Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 May 2024.
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 2, 1, Milles Square was last sold on 1st June 2016 for £425,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has dropped 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 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 2, 1, Milles Square is the 66th largest and the 67th 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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