Flat 2, 50
Flat 2, 50
Description & Estimates
The public record lists Flat 2, 50, Martell Road as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 622 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 50, Martell Road has an estimated sale value of £417,090 and an estimated rental value of £1,970 per month, assuming reasonable condition and based on the information available.
The apartment sits within 50, Martell Road, London, SE21.
Martell Road, London, SE21 lies in the borough of Lambeth, within the SE21 postal district.
Our Data Sources
Flat 2, 50, Martell Road has 21 entries in the Land Registry , most recently in November 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 50, Martell Road would be worth £437,945, with a potential rental value of £2,068 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £387,894, with a rental value of £1,832 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 50, Martell Road has fallen by £212 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £127 (6.5%). The property's estimated gross yield is currently 5.7%.
Sold Prices
Flat 2, 50, Martell Road last changed hands on 24th November 2023, selling for £395,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 7.1% since November 2023.
- Sold Nov 2023£395,000
- Sold Sep 2006£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 2, 50, Martell Road across the last 2 years.
Most recently, 35B, Martell Road, London, SE21 8ED, a leasehold flat, sold at £372,500 on the 6th March 2026.
Read more about house prices in SE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 50, Martell Road as the 111th largest and the 79th most expensive of the 176 addresses on Martell Road, London, SE21.
Against the SE21 postcode district average, it is £593k less expensive than the typical property.
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Schools Nearby
- 300mElm Wood School
- 800mKingswood Primary School
- 800mJulian's School
- 700mKingsdale Foundation School
- 800mThe Elmgreen School
- 1.2kmThe Norwood School
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Public Transport Nearby
West Norwood station is the nearest stop to Flat 2, 50, Martell Road at 700 metres away.
- 700mWest Norwood
- 800mWest Dulwich
- 1.0kmSydenham Hill
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
