According to the public record, 12, Elias Place, London is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Elias Place, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
12, Elias Place, London has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated August 2013.
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 12 Elias Place London as £431,546 and the rental value as £2,303 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 12 Elias Place London has decreased by £528 (0.1%) and its rental value has increased by £90 per month (3.9%).
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 12, Elias Place, London is in very good condition we estimate a sale value of £453,124 and rental value of £2,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,338 and a rental value of £2,142 per month.
If you were able to purchase this property for the estimated value of £431,546, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,121 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, 12, Elias Place, London was last sold on 18 May 2022 for £430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Elias Place, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 14, Stoddart House, Meadow Road, London, SW8 1NB, a Leasehold flat which sold for £414,000 in Mar 2024.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elias Place, London, SW8 has a total of 45 addresses. According to our analysis of all the public data, 12, Elias Place, London is the 20th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in SW8.
12, Elias Place, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 12, Elias Place, London is Oval station which is 100 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 12, Elias Place, London, 51.5% of property is socially rented and 21.2% is privately rented.
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 12, Elias Place, London, 16.0% of residents are recorded as possessing school level qualifications and 48.9% 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 12, Elias Place, London, the average age was 35.3 and the most common age was 27.
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 12, Elias Place, London, 1.6% 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 12, Elias Place, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.