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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 32, Ormerod House 148 is £253,877 and the estimated rental value is £1,536 per month.
The apartment is within Ormerod House, Cottage Grove, London, SW9.
Cottage Grove, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
Flat 32, Ormerod House 148 has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 32, Ormerod House 148 is in very good condition we estimate a sale value of £266,571 and a rental value of £1,613 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,105 and a rental value of £1,429 per month.
Over the last 12 months the sale value of Flat 32 Ormerod House 148 has decreased by an estimated £4,848 (1.9%) and its rental value has increased by an estimated £118 per month (7.7%), giving an expected gross yield of 7.3%.
Flat 32, Ormerod House 148 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 32, Ormerod House 148 within a radius of 270 metres over the last 2 years.
The most recent example is Flat 30, Lopez House 2, Willington Road, London, SW9 9NF, a leasehold flat which sold for £310,000 on the 14th December 2021.
Read more about house prices in SW9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cottage Grove, London, SW9 has a total of 180 addresses. According to our analysis of all the public data, Flat 32, Ormerod House 148 is the 158th largest and the 177th most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in SW9.
The nearest school is St Andrew's Church of England Primary School which is 500 metres away. The nearest train station is Clapham North which is 200 metres away.
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