According to the public record, 16, Solon New Road, London is a modern freehold house with 896 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Solon New Road, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
16, Solon New Road, London has 2 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated March 2010.
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 Solon New Road London as £594,559 and the rental value as £2,819 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 16 Solon New Road London has increased by £20,703 (3.5%) and its rental value has increased by £125 per month (4.4%).
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, Solon New Road, London is in very good condition we estimate a sale value of £624,287 and rental value of £2,960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,940 and a rental value of £2,622 per month.
If you were able to purchase this property for the estimated value of £594,559, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,922 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, 16, Solon New Road, London sits on a plot of 127m2.
We have plot size data on 1 out of 10 other houses in the postcode and 16, Solon New Road, London sits on the largest plot.
According to HM Land Registry, 16, Solon New Road, London was last sold on 04 Apr 2019 for £550,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2019, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Solon New Road, London within a radius of 270 metres over the last 2 years.
The most recent example is 95, Solon Road, London, SW2 5UX, a Freehold house which sold for £651,000 in May 2023.
Read more about house prices in SW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Solon New Road, London, SW4 has a total of 25 addresses. According to our analysis of all the public data, 16, Solon New Road, London is the 14th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in SW4.
16, Solon New Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Solon New Road, London is Clapham North 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 16, Solon New Road, London, 45.5% of property is socially rented and 35.6% 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 16, Solon New Road, London, 18.0% of residents are recorded as possessing school level qualifications and 53.6% 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, Solon New Road, London, the average age was 34 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, Solon New Road, London, 0.0% 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, Solon New Road, 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.