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Public records show Flat B, 8, Palace Road to be a period leasehold apartment with 968 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat B, 8, Palace Road has an estimated sale value of £516,723 and an estimated rental value of £2,326 per month, assuming reasonable condition and based on the information available.
The apartment sits within 8, Palace Road, London, SW2.
Palace Road, London, SW2 lies in the borough of Lambeth, within the SW2 postal district.
Flat B, 8, Palace Road has 2 entries in the Land Registry , most recently in March 2011 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat B, 8, Palace Road would be worth £542,559, with a potential rental value of £2,443 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £480,553, with a rental value of £2,164 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 B, 8, Palace Road has decreased by £15,255 (3.0%) over the last year. During the same period, its estimated monthly rental value has grown by £118 (5.1%). The property's estimated gross yield is currently 5.4%.
Flat B, 8, Palace Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 May 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Flat B, 8, Palace Road last changed hands on 2nd March 2011, selling for £163,000. 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 76.0% since March 2011.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat B, 8, Palace Road across the last 2 years.
Most recently, Flat 1, 12, Palace Road, London, SW2 3NG, a leasehold flat, sold at £620,000 on the 13th December 2024.
Read more about house prices in SW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat B, 8, Palace Road as the 90th largest and the 95th most expensive of the 622 addresses on Palace Road, London, SW2.
Against the SW2 postcode district average, it is £23k less expensive than the typical property.
Streatham Hill station is the nearest stop to Flat B, 8, Palace Road at 700 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat B, 8, Palace Road, 44.8% of property is socially rented and 23.9% is privately rented.
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 B, 8, Palace Road, 21.9% of residents are recorded as possessing school level qualifications and 53.0% 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 B, 8, Palace Road, the average age was 36.6 and the most common age was 27.
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 B, 8, Palace Road, 0.0% 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 B, 8, Palace Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.