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According to the public record, Flat 3, 23, Albert Square is a period leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 23, Albert Square is £541,469 and the estimated rental value is £2,964 per month.
The apartment is within 23, Albert Square, London, SW8.
Albert Square, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 3, 23, Albert Square has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated May 2020.
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.
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 3, 23, Albert Square is in very good condition we estimate a sale value of £568,543 and a rental value of £3,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,567 and a rental value of £2,756 per month.
Over the last 12 months the sale value of Flat 3 23 Albert Square has decreased by an estimated £6,364 (1.2%) and its rental value has increased by an estimated £233 per month (7.9%), giving an expected gross yield of 6.6%.
Flat 3, 23, Albert Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 23, Albert Square was last sold on 3rd March 2021 for £630,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2021, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 23, Albert Square within a radius of 250 metres over the last 2 years.
The most recent example is Flat 3, 41, Tradescant Road, London, SW8 1XD, a leasehold flat which sold for £510,500 on the 16th December 2024.
Read more about house prices in SW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Square, London, SW8 has a total of 128 addresses. According to our analysis of all the public data, Flat 3, 23, Albert Square is the 60th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in SW8.
The nearest school is St Stephen's Church of England Primary School which is 296 metres away. The nearest train station is Stockwell which is 600 metres away.
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