According to the public record, 116, Somerset Road, London is a modern freehold house with 4,176 ft2 of internal area and sits on a 701 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Somerset Road, London, SW19 is located in the borough of Merton within the SW19 postal district.
116, Somerset Road, London has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated November 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 116 Somerset Road London as £4,442,221 and the rental value as £10,615 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 116 Somerset Road London has increased by £154,985 (3.5%) and its rental value has increased by £543 per month (5.1%).
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 116, Somerset Road, London is in very good condition we estimate a sale value of £4,664,332 and rental value of £11,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £4,131,266 and a rental value of £9,872 per month.
If you were able to purchase this property for the estimated value of £4,442,221, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £21,832 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 data from HM Land Registry, 116, Somerset Road, London sits on a plot of 701m2.
We have plot size data on 2 out of 6 other houses in the postcode and 116, Somerset Road, London sits on the largest plot.
According to HM Land Registry, 116, Somerset Road, London was last sold on 25 Nov 2011 for £2,963,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 51.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Somerset Road, London within a radius of 820 metres over the last 2 years.
The most recent example is 11, Lancaster Gardens, London, SW19 5DG, a Freehold house which sold for £2,999,950 in Feb 2021.
Read more about house prices in SW19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Road, London, SW19 has a total of 201 addresses. According to our analysis of all the public data, 116, Somerset Road, London is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £3.58m more expensive than the average property in SW19.
116, Somerset Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 116, Somerset Road, London is Wimbledon Park station which is 1.4 kilometres 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 116, Somerset Road, London, 54.1% of property is privately owned outright and 27.9% 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 116, Somerset Road, London, 23.8% of residents are recorded as possessing school level qualifications and 66.2% 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 116, Somerset Road, London, the average age was 45.9 and the most common age was 47.
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 116, Somerset Road, London, 3.7% 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 116, Somerset Road, London, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.