According to the public record, 2, Prospect Place, London is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,790 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Prospect Place, London, SW20 is located in the borough of Merton within the SW20 postal district.
2, Prospect Place, London has 31 entries in the Land Registry database, most recently in November 2017 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 Prospect Place London as £2,251,242 and the rental value as £6,349 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 2 Prospect Place London has increased by £81,197 (3.6%) and its rental value has increased by £281 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 2, Prospect Place, London is in very good condition we estimate a sale value of £2,363,804 and rental value of £6,666 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,093,655 and a rental value of £5,904 per month.
If you were able to purchase this property for the estimated value of £2,251,242, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,064 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, Prospect Place, London was last sold on 30 Nov 2017 for £2,150,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2017, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Prospect Place, London within a radius of 670 metres over the last 2 years.
The most recent example is 80, Copse Hill, London, SW20 0EF, a Freehold house which sold for £1,830,000 in Apr 2021.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Place, London, SW20 has a total of 8 addresses. According to our analysis of all the public data, 2, Prospect Place, London is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £1.42m more expensive than the average property in SW20.
The closest station to 2, Prospect Place, London is Raynes Park station which is 1.0 kilometres 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, Prospect Place, London, 45.0% of property is privately owned outright and 21.7% is privately owned with a mortgage.
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, Prospect Place, London, 22.1% of residents are recorded as possessing school level qualifications and 65.0% 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 2, Prospect Place, 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 2, Prospect Place, London, 4.4% 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, Prospect Place, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.