According to the public record, 2, Carmichael Close, London is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Carmichael Close, London, SW11 is located in the borough of Wandsworth within the SW11 postal district.
2, Carmichael Close, London has 21 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated March 2019.
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 2 Carmichael Close London as £242,764 and the rental value as £1,203 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 2 Carmichael Close London has increased by £7,017 (2.9%) and its rental value has increased by £66 per month (5.5%).
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 2, Carmichael Close, London is in very good condition we estimate a sale value of £254,902 and rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,770 and a rental value of £1,119 per month.
If you were able to purchase this property for the estimated value of £242,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,193 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, 2, Carmichael Close, London was last sold on 28 Feb 2020 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2020, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Carmichael Close, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 11, Shaw Court, Winstanley Estate, London, SW11 2HF, a Leasehold flat which sold for £176,000 in Mar 2021.
Read more about house prices in SW11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carmichael Close, London, SW11 has a total of 44 addresses. According to our analysis of all the public data, 2, Carmichael Close, London is the 31st largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £552k less expensive than the average property in SW11.
2, Carmichael Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2019.
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 2, Carmichael Close, London is Clapham Junction 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 2, Carmichael Close, London, 71.3% of property is socially rented and 13.3% 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 2, Carmichael Close, London, 26.2% of residents are recorded as possessing school level qualifications and 27.1% 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 2, Carmichael Close, London, the average age was 35 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 2, Carmichael Close, London, 0.9% 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 2, Carmichael Close, 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.