Flat 3, 50
Flat 3, 50
Description & Estimates
Flat 3, 50, Drewstead Road is recorded publicly as a period leasehold apartment across 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 50, Drewstead Road is £502,155 and its rental estimate is £1,509 per month, given the available information and assuming reasonable condition.
50, Drewstead Road is a residential building on Drewstead Road, London, SW16 and falls within the SW16 postal district and the London Borough of Lambeth.
Our Data Sources
Flat 3, 50, Drewstead Road has 31 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated March 2024.
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.
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, 50, Drewstead Road, we estimate a market value of £527,263 and a rental value of £1,584 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £467,004 and £1,403 per month respectively.
Recent Market Change
Over the last year, Flat 3, 50, Drewstead Road has seen its estimated sale value fall by £4,542 (0.9%) and its estimated rental value move up by £82 per month (5.4%). This results in an estimated gross rental yield of 3.6%.
Energy Efficiency
Flat 3, 50, Drewstead Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 3, 50, Drewstead Road completed on 27th September 2024 at £330,000 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 23.9% over the period since September 2024.
- Sold Sep 2024£330,000
- Sold Jul 2006£184,000
- Sold Jan 2001£74,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 50, Drewstead Road have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2022, was Flat 3, 71, Salford Road, London, SW2 4BE, a leasehold flat which sold for £350,000.
Read more about house prices in SW16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 272 addresses on Drewstead Road, London, SW16, Flat 3, 50, Drewstead Road comes out as the 183rd largest and the 87th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the SW16 district.
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Schools Nearby
- 500mTelferscot Primary School
- 700mSt Bede's Catholic Primary School
- 900mHenry Cavendish Primary School
- 1.1kmLa Retraite Roman Catholic Girls' School
- 1.6kmChestnut Grove Academy
- 1.6kmCity Heights E-ACT Academy
More reading links
Public Transport Nearby
From Flat 3, 50, Drewstead Road, the nearest station is Streatham Hill, 500 metres away.
- 500mStreatham Hill
- 1.3kmBalham
- 1.5kmStreatham (Greater London)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
