As updated by London Property Management in Jan 2018, 1304, Pearce House 8, London is a modern leasehold studio apartment with a share of the freehold and with 417 ft2 of internal area with a balcony.
The apartment is in Pearce House, Circus Road West, London, SW11.
Circus Road West, London, SW11 is located in the borough of Wandsworth within the SW11 postal district.
Based on both the data supplied by London Property Management and the public information available in the area, we estimate the current sale value for 1304 Pearce House 8 London as £516,526 and the rental value as £1,900 per month giving an expected gross yield of 4.4%.
London Property Management described the decorative condition as fair in Jan 2018.
Over the last 12 months the sale value of 1304 Pearce House 8 London has increased by £5,599 (1.1%) and its rental value has increased by £118 per month (6.2%).
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 1304, Pearce House 8, London is in very good condition we estimate a sale value of £542,353 and rental value of £1,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,370 and a rental value of £1,767 per month.
If you were able to purchase this property for the estimated value of £516,526, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,539 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, 1304, Pearce House 8, London was last sold on 09 Aug 2017 for £413,820 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has dropped 6.8%
According to London Property Management , 1304, Pearce House 8, London was let once since 2021 with the latest being in Jan 2018 for an undisclosed price.
Since Jan 2018, the market values of similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1304, Pearce House 8, London within a radius of 190 metres over the last 2 years.
The most recent example is 1405, Pearce House 8, Circus Road West, London, SW11 8ET, a Leasehold flat which sold for £610,000 in Aug 2023.
Read more about house prices in SW11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 1304, Pearce House 8, London within a radius of 190 metres over the last 2 years.
Most recently 305, Scott House 23, Circus Road West, London, SW11 8EH, a Leasehold flat let by London Property Management in May 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Circus Road West, London, SW11 has a total of 853 addresses. According to our analysis of all the public data, 1304, Pearce House 8, London is the 795th largest and the 810th most expensive property on the street.
When compared to the postcode district it is £278k less expensive than the average property in SW11.
1304, Pearce House 8, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 1304, Pearce House 8, London is Battersea Power Station station which is 400 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 1304, Pearce House 8, London, 41.0% of property is privately rented and 29.9% is socially 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 1304, Pearce House 8, London, 10.2% of residents are recorded as possessing school level qualifications and 65.4% 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 1304, Pearce House 8, London, the average age was 40.5 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 1304, Pearce House 8, London, 1.5% 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 1304, Pearce House 8, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.