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Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat A, 3, Cornell Square is £764,620 and the estimated rental value is £4,213 per month.
The apartment is within 3, Cornell Square, London, SW8.
Cornell Square, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat A, 3, Cornell Square has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 A, 3, Cornell Square is in very good condition we estimate a sale value of £802,851 and a rental value of £4,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £711,097 and a rental value of £3,918 per month.
Over the last 12 months the sale value of Flat A 3 Cornell Square has decreased by an estimated £12,673 (1.7%) and its rental value has increased by an estimated £317 per month (7.5%), giving an expected gross yield of 6.6%.
Flat A, 3, Cornell Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat A, 3, Cornell Square was last sold on 25th March 2022 for £555,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 3, Cornell Square within a radius of 330 metres over the last 2 years.
The most recent example is Flat 9, Priory Grove School 10, Priory Grove, London, SW8 2PH, a leasehold flat which sold for £725,000 on the 8th April 2024.
Read more about house prices in SW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornell Square, London, SW8 has a total of 157 addresses. According to our analysis of all the public data, Flat A, 3, Cornell Square is the largest and the most expensive property on the street.
When compared to the postcode district it is £165k more expensive than the average property in SW8.
The nearest school is Griffin Primary School which is 459 metres away. The nearest train station is Nine Elms which is 500 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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