Flat 2, 374
Flat 2, 374
Description & Estimates
Flat 2, 374, Old Kent Road is recorded publicly as a period leasehold apartment across 322 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 374, Old Kent Road is £250,970 and its rental estimate is £1,438 per month, given the available information and assuming reasonable condition.
374, Old Kent Road is a residential building on Old Kent Road, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 2, 374, Old Kent Road has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 374, Old Kent Road, we estimate a market value of £263,518 and a rental value of £1,510 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,402 and £1,337 per month respectively.
Recent Market Change
Over the last year, Flat 2, 374, Old Kent Road has seen its estimated sale value decline by £2,720 (1.1%) and its estimated rental value climb by £87 per month (6.0%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 2, 374, Old Kent Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Aug 2024.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 2, 374, Old Kent Road completed on 26th April 2018 at £273,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 25.5% over the period since April 2018.
- Sold Apr 2018£273,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 374, Old Kent Road have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd December 2022, was 142, Oxley Close, London, SE1 5HP, a leasehold flat which sold for £175,000.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1156 addresses on Old Kent Road, London, SE1, Flat 2, 374, Old Kent Road comes out as the 1108th largest and the 1019th most expensive in our analysis of the public data.
It is also £377k less expensive than the average property across the SE1 district.
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Schools Nearby
- 400mPhoenix Primary School
- 600mSurrey Square Primary School
- 700mJohn Keats Primary School
- 300mArk Walworth Academy
- 600mCity of London Academy (Southwark)
- 700mHarris Academy Bermondsey
More reading links
Public Transport Nearby
From Flat 2, 374, Old Kent Road, the nearest station is South Bermondsey, 1.4 kilometres away.
- 1.4kmSouth Bermondsey
- 1.5kmBermondsey
- 1.9kmQueens Road (Peckham)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
