According to the public record, 16, Somerset Avenue, London is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 889 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Somerset Avenue, London, SW20 is located in the borough of Merton within the SW20 postal district.
16, Somerset Avenue, London has a single entry in the Land Registry database from February 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Somerset Avenue London as £835,306 and the rental value as £3,607 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 16 Somerset Avenue London has increased by £29,867 (3.6%) and its rental value has increased by £164 per month (4.6%).
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, Somerset Avenue, London is in very good condition we estimate a sale value of £877,071 and rental value of £3,787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £776,835 and a rental value of £3,354 per month.
If you were able to purchase this property for the estimated value of £835,306, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,105 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, Somerset Avenue, London was last sold on 03 Feb 2020 for £575,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Somerset Avenue, London within a radius of 520 metres over the last 2 years.
The most recent example is 10, Taunton Avenue, London, SW20 0BH, a Freehold house which sold for £775,000 in Oct 2022.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Avenue, London, SW20 has a total of 47 addresses. According to our analysis of all the public data, 16, Somerset Avenue, London is the 42nd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in SW20.
The closest station to 16, Somerset Avenue, London is Raynes Park station which is 600 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, Somerset Avenue, London, 44.3% of property is privately owned with a mortgage and 34.4% is privately owned outright.
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, Somerset Avenue, London, 24.0% of residents are recorded as possessing school level qualifications and 62.0% 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, Somerset Avenue, London, the average age was 40.4 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 16, Somerset Avenue, London, 0.6% 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 16, Somerset Avenue, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.