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In this area, apartments of this size are normally studios.
Flat 4, 29, Chestnut Road has an estimated sale value of £179,057 and an estimated rental value of £794 per month, assuming reasonable condition and based on the information available.
The apartment sits within 29, Chestnut Road, London, SE27.
Chestnut Road, London, SE27 lies in the borough of Lambeth, within the SE27 postal district.
Flat 4, 29, Chestnut Road has no records in the the Land Registry and a single entry in the EPC database dated May 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate Flat 4, 29, Chestnut Road would be worth £188,010, with a potential rental value of £834 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £166,523, with a rental value of £739 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 4, 29, Chestnut Road has grown by £772 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £53 (6.7%). The property's estimated gross yield is currently 5.3%.
Flat 4, 29, Chestnut Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 430 metres of Flat 4, 29, Chestnut Road across the last 2 years.
Most recently, Flat F, 543, Norwood Road, London, SE27 9DL, a leasehold flat, sold at £169,995 on the 31st August 2007.
Read more about house prices in SE27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 4, 29, Chestnut Road as the 159th largest and the 159th most expensive of the 161 addresses on Chestnut Road, London, SE27.
Against the SE27 postcode district average, it is £375k less expensive than the typical property.
West Norwood station is the nearest stop to Flat 4, 29, Chestnut Road at 400 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast 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 4, 29, Chestnut Road, 31.7% of property is privately owned with a mortgage and 29.5% is privately owned outright.
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 4, 29, Chestnut Road, 19.7% of residents are recorded as possessing school level qualifications and 68.3% 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 4, 29, Chestnut Road, the average age was 36.5 and the most common age was 32.
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 4, 29, Chestnut Road, 3.5% 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 4, 29, Chestnut Road, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.