According to the public record, 188, Thessaly Road, London is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Thessaly Road, London, SW8 is located in the borough of Wandsworth within the SW8 postal district.
188, Thessaly Road, London has a single entry in the Land Registry database from May 2024 and a single entry in the EPC database dated January 2023.
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 188 Thessaly Road London as £445,574 and the rental value as £2,291 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 188 Thessaly Road London has increased by £3,050 (0.7%) and its rental value has increased by £97 per month (4.2%).
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 188, Thessaly Road, London is in very good condition we estimate a sale value of £467,853 and rental value of £2,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,384 and a rental value of £2,130 per month.
If you were able to purchase this property for the estimated value of £445,574, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,190 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, 188, Thessaly Road, London was last sold on 09 May 2024 for £445,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 188, Thessaly Road, London within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 78, Switch House East Battersea Power Station, Circus Road East, London, SW11 8BB, a Leasehold flat which sold for £1,600,000 in Mar 2022.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 390 metres radius of 188, Thessaly Road, London over the last 2 years.
Most recently Flat 12, Stroudley House, Patmore Estate, London, SW8 4JH, a Leasehold flat let by Jorgensen Turner in Oct 2023.
Thessaly Road, London, SW8 has a total of 343 addresses. According to our analysis of all the public data, 188, Thessaly Road, London is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in SW8.
188, Thessaly Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2023.
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 188, Thessaly Road, London is Battersea Power Station station which is 200 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 188, Thessaly Road, London, 36.1% of property is socially rented and 25.3% 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 188, Thessaly Road, London, 18.2% of residents are recorded as possessing school level qualifications and 48.1% 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 188, Thessaly Road, 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 188, Thessaly 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 188, Thessaly Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.