Flat 3, 232
Flat 3, 232
Description & Estimates
Flat 3, 232, Ferndale Road is recorded publicly as a modern leasehold apartment across 497 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 232, Ferndale Road is £320,397 and its rental estimate is £1,950 per month, given the available information and assuming reasonable condition.
232, Ferndale Road is a residential building on Ferndale Road, London, SW9 and falls within the SW9 postal district and the London Borough of Lambeth.
Our Data Sources
Flat 3, 232, Ferndale Road has 31 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated June 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 3, 232, Ferndale Road, we estimate a market value of £336,417 and a rental value of £2,047 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £297,969 and £1,813 per month respectively.
Recent Market Change
Over the last year, Flat 3, 232, Ferndale Road has seen its estimated sale value move down by £6,118 (1.9%) and its estimated rental value increase by £150 per month (7.7%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
Flat 3, 232, Ferndale Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 3, 232, Ferndale Road completed on 19th March 2019 at £353,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 13.4% over the period since March 2019.
- Sold Mar 2019£353,000
- Sold Dec 2011£84,600
- Sold Apr 2005£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 232, Ferndale Road have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was Flat 1, 232, Ferndale Road, London, SW9 8BW, a leasehold flat which sold for £340,000.
Read more about house prices in SW9.
- Sold Sep 2024£340,000 | 2 Bed FlatFlat 1, 232, Ferndale Road, London, SW9 8BWFlat 1, 232, Ferndale Road, London, SW9 8BW
- Sold Jul 2024£340,000 | 2 Bed FlatFlat 2, 228, Ferndale Road, London, SW9 8ASFlat 2, 228, Ferndale Road, London, SW9 8AS
- Sold Feb 2024£320,000 | 2 Bed FlatFlat 3, 228, Ferndale Road, London, SW9 8ASFlat 3, 228, Ferndale Road, London, SW9 8AS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 297 addresses on Ferndale Road, London, SW9, Flat 3, 232, Ferndale Road comes out as the 212th largest and the 232nd most expensive in our analysis of the public data.
It is also £166k less expensive than the average property across the SW9 district.
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Schools Nearby
- 300mStockwell Primary School
- 500mSt Helen's Catholic Primary School
- 600mSudbourne Primary School
- 800mTrinity Academy
- 1.0kmArk Evelyn Grace Academy
- 1.1kmPlatanos College
More reading links
Public Transport Nearby
From Flat 3, 232, Ferndale Road, the nearest station is Brixton, 300 metres away.
- 300mBrixton
- 800mClapham North
- 900mClapham High Street
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
