According to the public record, 20, Spencer Road, London is a mid-century leasehold apartment with 791 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Spencer Road, London, SW20 is located in the borough of Merton within the SW20 postal district.
20, Spencer Road, London has 21 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated September 2009.
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 20 Spencer Road London as £540,779 and the rental value as £2,182 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 20 Spencer Road London has increased by £22,379 (4.1%) and its rental value has increased by £116 per month (5.3%).
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 20, Spencer Road, London is in very good condition we estimate a sale value of £567,818 and rental value of £2,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,924 and a rental value of £2,029 per month.
If you were able to purchase this property for the estimated value of £540,779, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,658 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, 20, Spencer Road, London was last sold on 06 Nov 2017 for £500,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2017, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Spencer Road, London within a radius of 440 metres over the last 2 years.
The most recent example is 28A, Durham Road, London, SW20 0TW, a Leasehold flat which sold for £465,000 in Sep 2023.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencer Road, London, SW20 has a total of 84 addresses. According to our analysis of all the public data, 20, Spencer Road, London is the 23rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £291k less expensive than the average property in SW20.
20, Spencer Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2009.
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 20, Spencer Road, London is Raynes Park 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 20, Spencer Road, London, 37.6% of property is privately rented and 23.9% 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 20, Spencer Road, London, 18.1% of residents are recorded as possessing school level qualifications and 52.1% 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 20, Spencer Road, London, the average age was 37.6 and the most common age was 37.
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 20, Spencer Road, London, 3.1% 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 20, Spencer Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.