Flats/Maisonettes 4 sales on record

22 FLAT 2 NORWOOD ROAD

LONDON, LAMBETH, GREATER LONDON, SE24 9BH

£480,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Brockwell Park Gardens 0.1 miles
Shop Unknown 0.1 miles
Train station Tulse Hill 0.4 miles
Hospital British Home & Hospital for Incurables 1.6 miles
University University of Wales Trinity Saint David London Campus 2.4 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

1

Last sold

£480,000 Jan 2026

Local average

£555,135 (30 sales)

Street crime

643 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 28/01/2026 £480,000 Flat -3% £489,902 to March 2026 View transaction
Sold 07/01/2019 £495,000 Flat +39.5% £491,341 to March 2026 View transaction
Sold 16/08/2013 £354,893 Flat +59.5% £482,778 to March 2026 View transaction
Sold 17/12/2009 £222,500 Flat £386,599 to March 2026 View transaction

Historic listings

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
56 FLAT 1 ROMOLA ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AZ £640,000 28/11/2025 Flat
273 FLAT 1 NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AG £557,500 26/11/2025 Flat
153 FIRST AND SECOND FLOOR FLAT NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AF £680,000 26/11/2025 Flat
51 FIRST FLOOR FLAT DERONDA ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9BQ £745,000 19/11/2025 Flat
30A NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9BH £575,000 01/09/2025 Flat
ETHELWORTH COURT FLAT 3 TULSE HILL, LONDON, LAMBETH, GREATER LONDON, SW2 3UJ £315,000 28/03/2025 Flat
153A NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AF £558,500 06/12/2024 Flat
39 FLAT 13 TRINITY RISE, TULSE HILL, LONDON, LAMBETH, GREATER LONDON, SW2 2QP £480,000 16/02/2024 Flat
58 FLAT 3 ROMOLA ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AZ £530,000 20/12/2023 Flat
157B NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AF £505,000 13/12/2023 Flat
58 FLAT 1 ROMOLA ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AZ £425,000 30/11/2023 Flat
39 FLAT 7 TRINITY RISE, TULSE HILL, LONDON, LAMBETH, GREATER LONDON, SW2 2QP £470,000 10/11/2023 Flat
51 GROUND FLOOR FLAT DERONDA ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9BQ £490,000 17/10/2023 Flat
43 FLAT 2 TRINITY RISE, TULSE HILL, LONDON, LAMBETH, GREATER LONDON, SW2 2QP £350,000 13/10/2023 Flat
15A DEERBROOK ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9BE £585,000 01/09/2023 Flat
43C DERONDA ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9BQ £355,000 11/08/2023 Flat
68 FLAT 3 NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9BB £448,712 01/08/2023 Flat
BLOCK E FLAT 4 PEABODY ESTATE, WEST DULWICH, LONDON, LAMBETH, GREATER LONDON, SE24 9DU £265,000 07/07/2023 Flat
137B NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9AF £550,000 22/06/2023 Flat
114 FLAT 2 NORWOOD ROAD, LONDON, LAMBETH, GREATER LONDON, SE24 9BB £390,000 26/05/2023 Flat

Area average: £495,736 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 12.3%
10y growth 11.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Lambeth. Series: Flats and maisonettes. As of March 2026.

1y (index) -2.5%
5y (index) -8.3%
10y (index) -2.6%

Rental Range

Estimated market rent for Lambeth. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,274/mo
Realistic £2,527/mo
Optimistic £2,780/mo

Based on Local Authority from postcode lookup → Lambeth.

LHA (30th percentile) floor for Inner South East London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Norwood Road, SE24 £2,750/mo 2 0.12 miles OpenRent
2 Bed Flat, Trinity Rise, SW2 £2,825/mo 2 0.14 miles OpenRent
2 Bed Flat, Romola Road, SE24 £1,995/mo 2 0.17 miles OpenRent
2 Bed Flat, Norwood Road, SE24 £2,200/mo 2 0.22 miles OpenRent
2 Bed Flat, Thurleigh House, SE21 £1,995/mo 2 0.34 miles OpenRent
2 Bed Flat, Thurleigh House, SE21 £1,995/mo 2 0.34 miles OpenRent
2 Bed Flat, Thurleigh House, SE21 £1,995/mo 2 0.34 miles OpenRent
2 Bed Flat, Charles Haller Street, SW2 £2,180/mo 2 0.4 miles OpenRent
2 Bed Flat, Thurlow Park Road, SE21 £2,250/mo 2 0.43 miles OpenRent
2 Bed Flat, Lanercost Road, SW2 £2,650/mo 2 0.44 miles OpenRent

Average rent: £2,284/mo (10 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.46%
Max investor price (0.8%) £273,750
Target investor price (1%) £219,000
Gross yield 5.5%
Cost-to-rent ratio 18.3×
Monthly cashflow £56/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 159
Anti-social behaviour 126
Vehicle crime 60
Other theft 51
Public order 44
Theft from the person 33
Criminal damage and arson 32
Shoplifting 32
Burglary 31
Drugs 25
Robbery 22
Bicycle theft 15
Possession of weapons 7
Other crime 6
Total incidents 643

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Rosendale Primary School Primary 0.3 miles Outstanding — 30 May 2024
Turney Primary and Secondary Special School Other 0.4 miles (Inspected (no overall grade))
Fenstanton Primary School Primary 0.4 miles Requires improvement — 5 Nov 2023
City Heights E-ACT Academy Secondary 0.4 miles Good — 13 Dec 2021
The Elmgreen School Secondary 0.5 miles Good — 21 Sep 2022

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
30/07/2012 16/07/2012 3