According to the public record, 304, Farloe House 38, London is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Farloe House, Summerstown, London, SW17.
Summerstown, London, SW17 is located in the borough of Merton within the SW17 postal district.
304, Farloe House 38, London has a single entry in the Land Registry database from December 2022 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 good condition, we estimate the current sale value for 304 Farloe House 38 London as £458,356 and the rental value as £2,034 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 304 Farloe House 38 London has increased by £21,823 (4.8%) and its rental value has increased by £105 per month (5.2%).
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 304, Farloe House 38, London is in very good condition we estimate a sale value of £481,274 and rental value of £2,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,271 and a rental value of £1,891 per month.
If you were able to purchase this property for the estimated value of £458,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,253 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, 304, Farloe House 38, London was last sold on 22 Dec 2022 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 304, Farloe House 38, London within a radius of 420 metres over the last 2 years.
The most recent example is 204, Farloe House 38, Summerstown, London, SW17 0HJ, a Leasehold flat which sold for £415,000 in Feb 2023.
Read more about house prices in SW17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 420 metres radius of 304, Farloe House 38, London over the last 2 years.
Most recently 178, Strathdon Drive, London, SW17 0PU, a Freehold house let by Your Home Managed in Apr 2024.
Summerstown, London, SW17 has a total of 158 addresses. According to our analysis of all the public data, 304, Farloe House 38, London is the 114th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in SW17.
304, Farloe House 38, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 304, Farloe House 38, London is Haydons Road station which is 700 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 304, Farloe House 38, London, 49.1% of property is privately owned with a mortgage and 30.9% 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 304, Farloe House 38, London, 24.7% of residents are recorded as possessing school level qualifications and 35.1% 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 304, Farloe House 38, London, the average age was 35.4 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 304, Farloe House 38, 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 304, Farloe House 38, London, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.