According to the public record, 2 Lammas House, Thames Ditton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lammas House, Speer Road, Thames Ditton, KT7.
Speer Road, Thames Ditton, KT7 is located in the borough of Elmbridge within the KT7 postal district.
2 Lammas House, Thames Ditton has a single entry in the Land Registry database from November 2011 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 2 Lammas House Thames Ditton as £411,731 and the rental value as £1,658 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Lammas House Thames Ditton has increased by £13,352 (3.2%) and its rental value has increased by £54 per month (3.3%).
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 Lammas House, Thames Ditton is in very good condition we estimate a sale value of £432,317 and rental value of £1,741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,910 and a rental value of £1,542 per month.
If you were able to purchase this property for the estimated value of £411,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,024 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 Lammas House, Thames Ditton was last sold on 07 Nov 2011 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 55.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Lammas House, Thames Ditton within a radius of 700 metres over the last 2 years.
The most recent example is 19, Imber Cross, Thames Ditton, KT7 0LG, a Leasehold flat which sold for £390,000 in Jun 2023.
Read more about house prices in KT7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Speer Road, Thames Ditton, KT7 has a total of 125 addresses. According to our analysis of all the public data, 2 Lammas House, Thames Ditton is the 76th largest and the 111th most expensive property on the street.
When compared to the postcode district it is £476k less expensive than the average property in KT7.
The closest station to 2 Lammas House, Thames Ditton is Thames Ditton station which is 100 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 Lammas House, Thames Ditton, 46.2% of property is privately owned with a mortgage and 43.4% 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 2 Lammas House, Thames Ditton, 25.7% of residents are recorded as possessing school level qualifications and 64.9% 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 Lammas House, Thames Ditton, the average age was 40.4 and the most common age was 47.
The graph below shows how this compares to South East 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 Lammas House, Thames Ditton, 4.2% of property was a second home.
Comparison figures for South East 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 Lammas House, Thames Ditton, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.