According to the public record, 38, Somerset Avenue, London is a early-century freehold house with 1,420 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Somerset Avenue, London, SW20 is located in the borough of Merton within the SW20 postal district.
38, Somerset Avenue, London has 51 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated July 2023.
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 38 Somerset Avenue London as £1,106,550 and the rental value as £4,279 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 38 Somerset Avenue London has increased by £33,695 (3.0%) and its rental value has increased by £172 per month (4.0%).
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 38, Somerset Avenue, London is in very good condition we estimate a sale value of £1,161,877 and rental value of £4,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,029,091 and a rental value of £3,980 per month.
If you were able to purchase this property for the estimated value of £1,106,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,438 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, 38, Somerset Avenue, London sits on a plot of 213m2.
We have plot size data on 23 out of 43 other houses in the postcode and 38, Somerset Avenue, London sits on the 16th largest plot.
According to HM Land Registry, 38, Somerset Avenue, London was last sold on 07 May 2024 for £1,090,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since May 2024, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Somerset Avenue, London within a radius of 530 metres over the last 2 years.
The most recent example is 18, Somerset Avenue, London, SW20 0BJ, a Freehold house which sold for £1,110,000 in Dec 2023.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Avenue, London, SW20 has a total of 47 addresses. According to our analysis of all the public data, 38, Somerset Avenue, London is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £275k more expensive than the average property in SW20.
38, Somerset Avenue, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2023.
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 38, Somerset Avenue, London is Raynes Park station which is 600 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 38, Somerset Avenue, London, 44.3% of property is privately owned with a mortgage and 34.4% 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 38, Somerset Avenue, London, 24.0% of residents are recorded as possessing school level qualifications and 62.0% 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 38, Somerset Avenue, London, the average age was 40.4 and the most common age was 47.
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 38, Somerset Avenue, London, 0.6% 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 38, Somerset Avenue, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.