As updated by Your Home Managed in Dec 2023, 112, Veronica Gardens, London is a modern 88 year lease apartment with 376 ft2 of internal area comprising 1 bedroom .
There are 88 years remaining on the lease.
Veronica Gardens, London, SW16 is located in the borough of Merton within the SW16 postal district.
Based on both the data supplied by Your Home Managed and the public information available in the area, we estimate the current sale value for 112 Veronica Gardens London as £221,073 and the rental value as £1,241 per month giving an expected gross yield of 6.7%.
Your Home Managed described the decorative condition as fair in Dec 2023.
Over the last 12 months the sale value of 112 Veronica Gardens London has increased by £9,140 (4.1%) and its rental value has increased by £72 per month (5.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 112, Veronica Gardens, London is in very good condition we estimate a sale value of £232,127 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,598 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £221,073, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,087 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 112, Veronica Gardens, London was last sold on 23 Nov 2018 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 9.0%
According to Your Home Managed , 112, Veronica Gardens, London was let once since 2021 with the latest being in Dec 2023 for an undisclosed price.
Since Dec 2023, the market values of similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Veronica Gardens, London within a radius of 400 metres over the last 2 years.
The most recent example is 20, Stirling Close, London, SW16 5HH, a Leasehold flat which sold for £125,000 in Sep 2023.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veronica Gardens, London, SW16 has a total of 111 addresses. According to our analysis of all the public data, 112, Veronica Gardens, London is the 99th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £326k less expensive than the average property in SW16.
112, Veronica Gardens, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 112, Veronica Gardens, London is Mitcham Eastfields station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 112, Veronica Gardens, London, 45.9% of property is privately rented and 24.4% is privately owned with a mortgage.
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 112, Veronica Gardens, London, 24.3% of residents are recorded as possessing school level qualifications and 37.9% 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 112, Veronica Gardens, London, the average age was 35.1 and the most common age was 37.
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 112, Veronica Gardens, London, 0.6% 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 112, Veronica Gardens, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.