According to the public record, 16 Ranelagh Mansions, London is a period leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Ranelagh Mansions, New Kings Road, London, SW6.
New Kings Road, London, SW6 is located in the borough of Hammersmith and Fulham within the SW6 postal district.
16 Ranelagh Mansions, London has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated September 2021.
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 16 Ranelagh Mansions London as £760,100 and the rental value as £3,156 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 16 Ranelagh Mansions London has increased by £21,866 (2.9%) and its rental value has increased by £176 per month (5.6%).
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 16 Ranelagh Mansions, London is in very good condition we estimate a sale value of £798,105 and rental value of £3,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £706,893 and a rental value of £2,936 per month.
If you were able to purchase this property for the estimated value of £760,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,736 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, 16 Ranelagh Mansions, London was last sold on 17 Jan 2022 for £815,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16 Ranelagh Mansions, London within a radius of 310 metres over the last 2 years.
The most recent example is 20 Ranelagh Mansions, New Kings Road, London, SW6 4RH, a Leasehold flat which sold for £800,000 in Sep 2022.
Read more about house prices in SW6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Kings Road, London, SW6 has a total of 714 addresses. According to our analysis of all the public data, 16 Ranelagh Mansions, London is the 211th largest and the 235th most expensive property on the street.
When compared to the postcode district it is £291k less expensive than the average property in SW6.
16 Ranelagh Mansions, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Electric underfloor heating.
The closest station to 16 Ranelagh Mansions, London is Parsons Green station which is 500 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 16 Ranelagh Mansions, London, 42.0% of property is privately rented and 26.8% 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 16 Ranelagh Mansions, London, 20.3% of residents are recorded as possessing school level qualifications and 72.1% 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 16 Ranelagh Mansions, London, the average age was 39.3 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 16 Ranelagh Mansions, London, 1.1% 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 16 Ranelagh Mansions, 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.