According to the public record, 3, Patio Close, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 526 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Patio Close, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
3, Patio Close, London has 41 entries in the Land Registry database, most recently in March 2018 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 3 Patio Close London as £357,988 and the rental value as £1,826 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 3 Patio Close London has increased by £7,021 (2.0%) and its rental value has increased by £63 per month (3.5%).
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 3, Patio Close, London is in very good condition we estimate a sale value of £375,888 and rental value of £1,918 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,929 and a rental value of £1,699 per month.
If you were able to purchase this property for the estimated value of £357,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,759 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, 3, Patio Close, London was last sold on 29 Mar 2018 for £295,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2018, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Patio Close, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 4, Ingram Lodge 80, Kings Avenue, London, SW4 8BJ, a Leasehold flat which sold for £368,000 in Dec 2023.
Read more about house prices in SW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 340 metres radius of 3, Patio Close, London over the last 2 years.
Most recently Flat 17, Crescent Court, Park Hill, London, SW4 8HR, a Leasehold flat let by Your Home Managed in Aug 2023.
Patio Close, London, SW4 has a total of 41 addresses. According to our analysis of all the public data, 3, Patio Close, London is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £390k less expensive than the average property in SW4.
The closest station to 3, Patio Close, London is Clapham South station which is 900 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 3, Patio Close, London, 39.2% of property is socially rented and 29.6% 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 3, Patio Close, London, 15.2% of residents are recorded as possessing school level qualifications and 65.9% 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 3, Patio Close, London, the average age was 34.8 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 3, Patio Close, London, 0.0% 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 3, Patio 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.