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Comparison with its neighbours suggests a period apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 15, Red Post Hill has an estimated sale value of £427,555 and an estimated rental value of £1,790 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, Red Post Hill, London, SE24.
Red Post Hill, London, SE24 lies in the borough of Southwark, within the SE24 postal district.
Flat 3, 15, Red Post Hill has a single entry in the Land Registry from October 2024 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 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 3, 15, Red Post Hill would be worth £448,933, with a potential rental value of £1,879 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £397,626, with a rental value of £1,664 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, 15, Red Post Hill has decreased by £5,381 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £146 (8.1%). The property's estimated gross yield is currently 5.0%.
Flat 3, 15, Red Post Hill last changed hands on 16th October 2024, selling for £405,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 19.3% since October 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of Flat 3, 15, Red Post Hill across the last 2 years.
Most recently, Flat 2, 74, Beckwith Road, London, SE24 9LG, a leasehold flat, sold at £410,000 on the 16th August 2024.
Read more about house prices in SE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, 15, Red Post Hill as the 114th largest and the 114th most expensive of the 121 addresses on Red Post Hill, London, SE24.
Against the SE24 postcode district average, it is £432k less expensive than the typical property.
North Dulwich station is the nearest stop to Flat 3, 15, Red Post Hill at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 15, Red Post Hill, 35.1% of property is privately owned outright and 33.6% is privately rented.
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 3, 15, Red Post Hill, 23.0% of residents are recorded as possessing school level qualifications and 80.1% 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 3, 15, Red Post Hill, the average age was 39.1 and the most common age was 12.
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 3, 15, Red Post Hill, 2.7% 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 3, 15, Red Post Hill, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.