Sold STC Flat

Flat E

LOVERIDGE HOUSE, 8, HAWKE ROAD, LONDON, GREATER LONDON SE19 1AH

2 beds 1 baths 63 m² Listed 28 May 2022 (-1477d)

£350,000

Guide Price

Reduced on 8 Jun 2022

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Property details

Tenure

LEASEHOLD

Floor area

63 m²

Last sold

£350,000 Sep 2022

Local average

£376,427 (-7%)

Deprivation

Decile 3 (6,950 of 33,755)

Street crime

433 incidents within 1 mile (Apr 2026)

Key features

  • Two double bedrooms
  • POPULAR LOCATION
  • CLOSE TO CRYSTAL PALACE STATION
  • CLOSE TO GIPSY HILL STATION
  • Gipsy Hill (Approx. 0.3 miles)
  • West Norwood (Approx. 0.8 miles)
  • Crystal Palace (Approx. 0.8 miles)
  • Fantastic location

Additional details

Heating
Gas central
Parking
Allocated
Garden
Yes

Description

GUIDE PRICE £350,000 - £375,000

New to the market is this well-presented two double bedroom home situated on a popular quiet residential road in Gipsy Hill.

The property benefits a spacious lounge, fitted kitchen, two double bedrooms, and a three-piece bathroom. Further benefits include communal lawns and off-street residents parking.

The property benefits from a great location being 0.4 miles from Gipsy Hill station with great links into Central London, Canada Water, and Shoreditch. It is also within easy reach of the bars and restaurants of Crystal Palace, and the beautiful Norwood Park.

***With an influx of interest on this property, don’t wait around, BOOK into our viewing day!***
Tenure: Leasehold
Council Tax: C
Lease Remaining: 90
Current ground rent: £250.00 Per Year
Ground rent review period: every 0
Annual ground rent increase: 0%

Listed by

London

Strike

Reference: 123782231

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
FLAT E, LOVERIDGE HOUSE, HAWKE ROAD, LONDON 75 75 63 m² England and Wales: 1996-2002 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

23% since 2017

Event Date Price % change
Sold 30/09/2022 (3 years ago) £350,000 +6.1%
Sold 08/03/2021 (5 years ago) £330,000 +15.8%
Sold 30/03/2017 (9 years ago) £285,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address Price Date Type
COMPTON COURT FLAT 8 VICTORIA CRESCENT, LONDON, LAMBETH, GREATER LONDON, SE19 1AF £335,000 16/01/2026 Flat
34 FLAT 1 VICTORIA CRESCENT, LONDON, LAMBETH, GREATER LONDON, SE19 1AE £266,000 06/12/2023 Flat
61 FLAT 2 ALEXANDRA DRIVE, LONDON, LAMBETH, GREATER LONDON, SE19 1AN £625,000 27/10/2023 Flat
3 FLAT 3 ESSEX GROVE, LONDON, CROYDON, GREATER LONDON, SE19 3SX £190,000 10/10/2023 Flat
70 FLAT 1 ALEXANDRA DRIVE, LONDON, LAMBETH, GREATER LONDON, SE19 1AN £394,550 07/09/2023 Flat
51E VICTORIA CRESCENT, LONDON, LAMBETH, GREATER LONDON, SE19 1AE £350,000 11/08/2023 Flat
77 DURNING ROAD, LONDON, LAMBETH, GREATER LONDON, SE19 1JS £517,500 20/07/2023 Flat
10 FLAT 1 LUNHAM ROAD, LONDON, LAMBETH, GREATER LONDON, SE19 1AA £430,000 30/06/2023 Flat
CLOISTER HOUSE, 123 FLAT 6 CENTRAL HILL, LONDON, CROYDON, GREATER LONDON, SE19 1BY £210,000 06/04/2023 Flat
48A VICTORIA CRESCENT, LONDON, LAMBETH, GREATER LONDON, SE19 1AE £415,000 13/02/2023 Flat
6 GROUND FLOOR ESSEX GROVE, LONDON, CROYDON, GREATER LONDON, SE19 3SX £510,000 03/02/2023 Flat
15 GROUND FLAT A ESSEX GROVE, LONDON, CROYDON, GREATER LONDON, SE19 3SX £395,000 21/12/2022 Flat
HIGHLANDS COURT FLAT 10 HIGHLAND ROAD, LONDON, LAMBETH, GREATER LONDON, SE19 1DR £415,000 09/12/2022 Flat
11 NEW GREEN PLACE, LONDON, LAMBETH, GREATER LONDON, SE19 1AT £405,000 08/12/2022 Flat
8 LUNHAM ROAD, LONDON, LAMBETH, GREATER LONDON, SE19 1AA £540,000 25/11/2022 Flat
COMPTON COURT FLAT 17 VICTORIA CRESCENT, LONDON, LAMBETH, GREATER LONDON, SE19 1AF £340,000 18/11/2022 Flat
12B ESSEX GROVE, LONDON, CROYDON, GREATER LONDON, SE19 3SX £335,000 23/09/2022 Flat
HIGHLANDS COURT FLAT 60 HIGHLAND ROAD, LONDON, LAMBETH, GREATER LONDON, SE19 1DS £380,000 16/09/2022 Flat
95B CENTRAL HILL, LONDON, CROYDON, GREATER LONDON, SE19 1BY £362,500 13/09/2022 Flat
14 FLAT 1 HIGHLAND ROAD, LONDON, LAMBETH, GREATER LONDON, SE19 1DP £657,710 26/08/2022 Flat

Area average: £403,663 (20 sales)

Capital growth trend

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

5y growth -2.1%
10y growth -0.9%

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 £2,276/mo
Realistic £2,529/mo
Optimistic £2,782/mo

Based on Local Authority from postcode lookup → Lambeth.

LHA (30th percentile) floor for Cambridge: £947/mo (Apr 2025 – Mar 2026)

Location

Address

Hawke Road

Nearby

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

Type Name Distance
Bus stop Rockmount Road 0.1 miles
Shop High Limes general store 0.1 miles
Bus stop Hermitage Road 0.1 miles
Train station Gipsy Hill 0.3 miles
Shop Select 0.3 miles
Train station Crystal Palace 0.8 miles
Hospital British Home & Hospital for Incurables 0.8 miles
Hospital Fertility Treatment 2.3 miles
University Horton Halls Reception 4.0 miles
University University of Wales Trinity Saint David London Campus 4.1 miles

Street-level crime

Category Count
Violence and sexual offences 125
Anti-social behaviour 114
Vehicle crime 43
Theft from the person 28
Burglary 25
Criminal damage and arson 22
Other theft 21
Robbery 14
Public order 13
Drugs 10
Shoplifting 7
Bicycle theft 6
Other crime 4
Possession of weapons 1
Total incidents 433

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
Hillcrest Other 0.1 miles (No rating)
Rockmount Primary School Primary 0.2 miles Outstanding — 15 Jun 2015
The Laurels School Other 0.2 miles (No rating)
The New School Other 0.3 miles (No rating)
Paxton Primary School Primary 0.3 miles Good — 9 Jul 2024

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, Westow Hill, SE19 £1,750/mo 2 0.34 miles OpenRent
2 Bed Maisonette, Belvedere Road, SE19 £2,300/mo 2 0.49 miles OpenRent
2 Bed Maisonette, Belvedere Road, SE19 £2,300/mo 2 0.49 miles OpenRent

Average rent: £2,117/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.66%
Max investor price (0.8%) £287,500
Target investor price (1%) £230,000
Gross yield 7.9%
Cost-to-rent ratio 12.7×
Monthly cashflow £667/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.9%
  • 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).

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