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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat A, 85, Herne Hill is recorded publicly as a period leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat A, 85, Herne Hill is £416,224 and its rental estimate is £1,849 per month, given the available information and assuming reasonable condition.
85, Herne Hill is a residential building on Herne Hill, London, SE24 and falls within the SE24 postal district and the London Borough of Southwark.
Flat A, 85, Herne Hill has 31 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated October 2021.
We combine this information with that 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.
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 A, 85, Herne Hill, we estimate a market value of £437,035 and a rental value of £1,942 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £387,088 and £1,720 per month respectively.
Over the last year, Flat A, 85, Herne Hill has seen its estimated sale value decline by £7,559 (1.8%) and its estimated rental value climb by £129 per month (7.0%). This results in an estimated gross rental yield of 5.3%.
Flat A, 85, Herne Hill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat A, 85, Herne Hill completed on 7th February 2014 at £249,999 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 3.7% over the period since February 2014.
Over the past 2 years 3 properties similar to Flat A, 85, Herne Hill have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was Flat 3, 68, Herne Hill, London, SE24 9QP, a leasehold flat which sold for £445,000.
Read more about house prices in SE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 485 addresses on Herne Hill, London, SE24, Flat A, 85, Herne Hill comes out as the 351st largest and the 278th most expensive in our analysis of the public data.
It is also £443k less expensive than the average property across the SE24 district.
From Flat A, 85, Herne Hill, the nearest station is Herne Hill, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat A, 85, Herne Hill, 37.9% of property is privately owned with a mortgage and 28.5% 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 A, 85, Herne Hill, 27.4% of residents are recorded as possessing school level qualifications and 72.5% 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 A, 85, Herne Hill, the average age was 39.1 and the most common age was 12.
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 A, 85, Herne Hill, 0.9% 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 A, 85, Herne Hill, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
