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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 24, Pennethorne Road is £211,214 and the estimated rental value is £1,162 per month.
The apartment is within 24, Pennethorne Road, London, SE15.
Pennethorne Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 2, 24, Pennethorne Road has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data 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 2, 24, Pennethorne Road is in very good condition we estimate a sale value of £221,775 and a rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,429 and a rental value of £1,080 per month.
Over the last 12 months the sale value of Flat 2 24 Pennethorne Road has decreased by an estimated £348 (0.2%) and its rental value has increased by an estimated £71 per month (6.1%), giving an expected gross yield of 6.6%.
Flat 2, 24, Pennethorne Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 270 metres radius of Flat 2, 24, Pennethorne Road over the last 2 years.
The most recent example is 16B, Pennethorne Road, London, SE15 5TQ, a leasehold flat which sold for £385,000 on the 24th November 2022.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennethorne Road, London, SE15 has a total of 86 addresses. According to our analysis of all the public data, Flat 2, 24, Pennethorne Road is the 85th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £306k less expensive than the average property in SE15.
The nearest school is Harris Primary Academy Peckham Park which is 100 metres away. The nearest train station is Queens Road (Peckham) which is 500 metres away.
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