According to the public record, 4, Somerset Gardens, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,185 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Somerset Gardens, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
4, Somerset Gardens, London has 21 entries in the Land Registry database, most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Somerset Gardens London as £1,099,364 and the rental value as £5,587 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 4 Somerset Gardens London has increased by £2,477 (0.2%) and its rental value has increased by £217 per month (3.9%).
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 4, Somerset Gardens, London is in very good condition we estimate a sale value of £1,154,332 and rental value of £5,867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,022,409 and a rental value of £5,196 per month.
If you were able to purchase this property for the estimated value of £1,099,364, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,403 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, 4, Somerset Gardens, London was last sold on 28 Sep 2007 for £830,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 100.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Somerset Gardens, London within a radius of 320 metres over the last 2 years.
The most recent example is 14, Somerset Gardens, London, SE13 7SY, a Freehold house which sold for £1,601,000 in Oct 2022.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Gardens, London, SE13 has a total of 36 addresses. According to our analysis of all the public data, 4, Somerset Gardens, London is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £617k more expensive than the average property in SE13.
The closest station to 4, Somerset Gardens, London is Elverson Road station which is 200 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 4, Somerset Gardens, London, 33.3% of property is privately rented and 26.7% 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 4, Somerset Gardens, London, 25.1% of residents are recorded as possessing school level qualifications and 57.6% 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 4, Somerset Gardens, London, the average age was 37.2 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 4, Somerset Gardens, London, 2.7% 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 4, Somerset Gardens, 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.