Flat C, 40
Flat C, 40
Description & Estimates
Flat C, 40, Underhill Road appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 510 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat C, 40, Underhill Road is £405,073 and its rental estimate is £1,696 per month, given the available information and assuming reasonable condition.
40, Underhill Road is a residential building on Underhill Road, London, SE22 and falls within the SE22 postal district and the London Borough of Southwark.
Our Data Sources
Flat C, 40, Underhill Road has 21 entries in the Land Registry , most recently in August 2009 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 C, 40, Underhill Road, we estimate a market value of £425,327 and a rental value of £1,781 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £376,718 and £1,577 per month respectively.
Recent Market Change
Over the last year, Flat C, 40, Underhill Road has seen its estimated sale value move down by £4,758 (1.2%) and its estimated rental value increase by £95 per month (5.6%). This results in an estimated gross rental yield of 5.0%.
Sold Prices
The most recent sale of Flat C, 40, Underhill Road completed on 4th August 2009 at £185,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 125.6% over the period since August 2009.
- Sold Aug 2009£185,000
- Sold Aug 1997£49,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat C, 40, Underhill Road have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was Flat 2, 28, Underhill Road, London, SE22 0AH, a leasehold flat which sold for £350,000.
Read more about house prices in SE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 603 addresses on Underhill Road, London, SE22, Flat C, 40, Underhill Road comes out as the 492nd largest and the 489th most expensive in our analysis of the public data.
It is also £343k less expensive than the average property across the SE22 district.
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Schools Nearby
- 500mHorniman Primary School
- 500mGoodrich Community Primary School
- 700mSt Anthony's Catholic Primary School
- 1.3kmHarris Boys' Academy East Dulwich
- 1.3kmSydenham School
- 1.5kmHarris Girls' Academy East Dulwich
More reading links
Public Transport Nearby
From Flat C, 40, Underhill Road, the nearest station is Forest Hill, 1.1 kilometres away.
- 1.1kmForest Hill
- 1.5kmHonor Oak Park
- 1.8kmSydenham Hill
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
