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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
Flat 2, 9, Railton Road is described in the public record as a mid-century apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 9, Railton Road is £344,615 and its rental estimate is £1,683 per month, given the available information and assuming reasonable condition.
9, Railton Road is a residential building on Railton Road, London, SE24 and falls within the SE24 postal district and the London Borough of Lambeth.
Flat 2, 9, Railton Road has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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, 9, Railton Road, we estimate a market value of £361,846 and a rental value of £1,767 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £320,492 and £1,565 per month respectively.
Over the last year, Flat 2, 9, Railton Road has seen its estimated sale value decrease by £4,337 (1.3%) and its estimated rental value grow by £137 per month (8.1%). This results in an estimated gross rental yield of 5.9%.
Flat 2, 9, Railton Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 2, 9, Railton Road have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2024, was Flat 4, 33, Marcus Garvey Way, London, SE24 0LW, a leasehold flat which sold for £400,000.
Read more about house prices in SE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 440 addresses on Railton Road, London, SE24, Flat 2, 9, Railton Road comes out as the 346th largest and the 329th most expensive in our analysis of the public data.
It is also £515k less expensive than the average property across the SE24 district.
From Flat 2, 9, Railton Road, the nearest station is Brixton, 500 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 9, Railton Road, 77.3% of property is socially rented and 9.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 9, Railton Road, 13.6% of residents are recorded as possessing school level qualifications and 37.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 9, Railton Road, the average age was 35.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 9, Railton Road, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 9, Railton Road, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
