Flat 4, 56
Flat 4, 56
Description & Estimates
The public record lists Flat 4, 56, Drewstead Road as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 206 ft2 of internal area.
In this area, apartments of this size are normally studios.
Flat 4, 56, Drewstead Road has an estimated sale value of £151,083 and an estimated rental value of £799 per month, assuming reasonable condition and based on the information available.
The apartment sits within 56, Drewstead Road, London, SW16.
Drewstead Road, London, SW16 lies in the borough of Lambeth, within the SW16 postal district.
Our Data Sources
Flat 4, 56, Drewstead Road has 2 entries in the Land Registry , most recently in October 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 4, 56, Drewstead Road would be worth £158,637, with a potential rental value of £839 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £140,507, with a rental value of £743 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, 56, Drewstead Road has dropped by £140 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £54 (6.8%). The property's estimated gross yield is currently 6.3%.
Sold Prices
Flat 4, 56, Drewstead Road last changed hands on 14th October 2021, selling for £180,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 6.4% since October 2021.
- Sold Oct 2021£180,000
- Sold Dec 2012£105,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of Flat 4, 56, Drewstead Road across the last 2 years.
Most recently, Flat 6, 56, Drewstead Road, London, SW16 1AG, a leasehold flat, sold at £114,000 on the 26th August 2014.
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
Our analysis of the public data ranks Flat 4, 56, Drewstead Road as the 268th largest and the 271st most expensive of the 272 addresses on Drewstead Road, London, SW16.
Against the SW16 postcode district average, it is £382k less expensive than the typical property.
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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
Streatham Hill station is the nearest stop to Flat 4, 56, Drewstead Road at 500 metres away.
- 500mStreatham Hill
- 1.3kmBalham
- 1.5kmStreatham (Greater London)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
