According to the public record, 342, Martin Way, London is a early-century leasehold house with 1,054 ft2 of internal area and sits on a 214 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Martin Way, London, SW20 is located in the borough of Merton within the SW20 postal district.
342, Martin Way, London has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated February 2022.
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 342 Martin Way London as £681,249 and the rental value as £3,385 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 342 Martin Way London has increased by £30,987 (4.5%) and its rental value has increased by £194 per month (5.7%).
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 342, Martin Way, London is in very good condition we estimate a sale value of £715,311 and rental value of £3,554 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £633,561 and a rental value of £3,148 per month.
If you were able to purchase this property for the estimated value of £681,249, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,348 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, 342, Martin Way, London sits on a plot of 214m2.
We have plot size data on 14 out of 15 other houses in the postcode and 342, Martin Way, London sits on the 15th largest plot.
According to HM Land Registry, 342, Martin Way, London was last sold on 17 Jun 2022 for £625,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 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 342, Martin Way, London within a radius of 480 metres over the last 2 years.
The most recent example is 60, Whatley Avenue, London, SW20 9NS, a Freehold house which sold for £580,398 in Aug 2023.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martin Way, London, SW20 has a total of 100 addresses. According to our analysis of all the public data, 342, Martin Way, London is the 47th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in SW20.
342, Martin Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2022.
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 342, Martin Way, London is Wimbledon Chase station which is 500 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 342, Martin Way, London, 48.5% of property is privately rented and 29.9% 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 342, Martin Way, London, 11.1% of residents are recorded as possessing school level qualifications and 54.8% 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 342, Martin Way, London, the average age was 37.6 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 342, Martin Way, 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 342, Martin Way, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.