3, Spencer Mews, London has no records in the Land Registry database and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
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, Spencer Mews, London is in very good condition we estimate a sale value of £454,156 and rental value of £2,559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,252 and a rental value of £2,266 per month.
If you were able to purchase this property for the estimated value of £432,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,126 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Spencer Mews, London within a radius of 300 metres over the last 2 years.
The most recent example is 6, Spencer Mews, London, SW8 1HF, a Leasehold flat which sold for £420,000 in Jan 2024.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencer Mews, London, SW8 has a total of 18 addresses. According to our analysis of all the public data, 3, Spencer Mews, London is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in SW8.
3, Spencer Mews, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
According to the public record, 3, Spencer Mews, London is a period apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Spencer Mews, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Spencer Mews London as £432,529 and the rental value as £2,437 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 3 Spencer Mews London has increased by £4,073 (0.9%) and its rental value has increased by £88 per month (3.6%).
The closest station to 3, Spencer Mews, London is Stockwell 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, Spencer Mews, London, 37.0% of property is privately rented and 26.0% is socially 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, Spencer Mews, London, 14.5% of residents are recorded as possessing school level qualifications and 56.0% 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 3, Spencer Mews, London, the average age was 33.9 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, Spencer Mews, London, 1.0% 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, Spencer Mews, 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.