According to the public record, 3 Florence Place, South Park Road, London is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 3, South Park Road, London, SW19.
South Park Road, London, SW19 is located in the borough of Merton within the SW19 postal district.
3 Florence Place, South Park Road, London has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated February 2021.
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 3 Florence Place South Park Road London as £567,336 and the rental value as £2,262 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 Florence Place South Park Road London has increased by £37,205 (6.6%) and its rental value has increased by £137 per month (6.1%).
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 Florence Place, South Park Road, London is in very good condition we estimate a sale value of £595,703 and rental value of £2,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £527,623 and a rental value of £2,104 per month.
If you were able to purchase this property for the estimated value of £567,336, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,788 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 Florence Place, South Park Road, London was last sold on 13 Jan 2021 for £815,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Florence Place, South Park Road, London within a radius of 430 metres over the last 2 years.
The most recent example is Flat 15, Regency Court 55, Hartfield Road, London, SW19 3SF, a Leasehold flat which sold for £535,000 in Oct 2022.
Read more about house prices in SW19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Park Road, London, SW19 has a total of 373 addresses. According to our analysis of all the public data, 3 Florence Place, South Park Road, London is the 216th largest and the 258th most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in SW19.
3 Florence Place, South Park Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3 Florence Place, South Park Road, London is Wimbledon station which is 300 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 Florence Place, South Park Road, London, 60.4% of property is privately rented and 18.8% 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 3 Florence Place, South Park Road, London, 10.5% of residents are recorded as possessing school level qualifications and 71.2% 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 Florence Place, South Park Road, London, the average age was 37.9 and the most common age was 32.
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 Florence Place, South Park 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 3 Florence Place, South Park Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.