According to the public record, 407, Cannon Hill Lane, London is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,317 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cannon Hill Lane, London, SW20 is located in the borough of Merton within the SW20 postal district.
407, Cannon Hill Lane, London has a single entry in the Land Registry database from August 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 407 Cannon Hill Lane London as £773,008 and the rental value as £3,675 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 407 Cannon Hill Lane London has increased by £23,158 (3.0%) and its rental value has increased by £164 per month (4.5%).
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 407, Cannon Hill Lane, London is in very good condition we estimate a sale value of £811,659 and rental value of £3,858 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £718,898 and a rental value of £3,417 per month.
If you were able to purchase this property for the estimated value of £773,008, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,799 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, 407, Cannon Hill Lane, London was last sold on 31 Aug 2007 for £387,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 85.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 407, Cannon Hill Lane, London within a radius of 580 metres over the last 2 years.
The most recent example is 18, Camborne Road, Morden, SM4 4JJ, a Freehold house which sold for £710,000 in Oct 2023.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cannon Hill Lane, London, SW20 has a total of 404 addresses. According to our analysis of all the public data, 407, Cannon Hill Lane, London is the 76th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in SW20.
The closest station to 407, Cannon Hill Lane, London is Motspur Park station which is 1.1 kilometres 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 407, Cannon Hill Lane, London, 38.0% of property is privately owned with a mortgage and 32.0% is privately 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 407, Cannon Hill Lane, London, 17.5% of residents are recorded as possessing school level qualifications and 49.5% 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 407, Cannon Hill Lane, London, the average age was 40.9 and the most common age was 42.
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 407, Cannon Hill Lane, London, 1.3% 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 407, Cannon Hill Lane, 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.