According to the public record, 245, Stanford Road, London is a period house with 1,420 ft2 of internal area and sits on a 328 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Stanford Road, London, SW16 is located in the borough of Merton within the SW16 postal district.
245, Stanford Road, London has no records in the Land Registry database and a single entry in the EPC database dated May 2013.
We combine this information with public data 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 245 Stanford Road London as £633,815 and the rental value as £3,157 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 245 Stanford Road London has increased by £10,144 (1.6%) and its rental value has increased by £91 per month (2.9%).
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 245, Stanford Road, London is in very good condition we estimate a sale value of £665,506 and rental value of £3,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £589,448 and a rental value of £2,936 per month.
If you were able to purchase this property for the estimated value of £633,815, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,115 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 data from HM Land Registry, 245, Stanford Road, London sits on a plot of 328m2.
We have plot size data on 15 out of 24 other houses in the postcode and 245, Stanford Road, London sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Stanford Road, London within a radius of 430 metres over the last 2 years.
The most recent example is 6, Middle Way, London, SW16 4HN, a Freehold house which sold for £550,000 in Mar 2023.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanford Road, London, SW16 has a total of 318 addresses. According to our analysis of all the public data, 245, Stanford Road, London is the 23rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in SW16.
245, Stanford Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 May 2013.
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 245, Stanford Road, London is Norbury 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 245, Stanford Road, London, 40.5% of property is privately owned outright and 31.9% 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 245, Stanford Road, London, 18.8% of residents are recorded as possessing school level qualifications and 38.3% 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 245, Stanford Road, London, the average age was 38.2 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 245, Stanford Road, 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 245, Stanford Road, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.