According to the public record, 42, Algarve Road, London is a period leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 42, Algarve Road, London, SW18.
Algarve Road, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
42, Algarve Road, London has a single entry in the Land Registry database from March 2007 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 reasonable condition, we estimate the current sale value for 42 Algarve Road London as £566,966 and the rental value as £2,216 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 42 Algarve Road London has increased by £14,889 (2.6%) and its rental value has increased by £121 per month (5.5%).
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 42, Algarve Road, London is in very good condition we estimate a sale value of £595,315 and rental value of £2,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £527,279 and a rental value of £2,061 per month.
If you were able to purchase this property for the estimated value of £566,966, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,786 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, 42, Algarve Road, London was last sold on 30 Mar 2007 for £299,999 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 63.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Algarve Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 28, Cargill Road, London, SW18 3EB, a Leasehold flat which sold for £635,000 in Nov 2023.
Read more about house prices in SW18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Algarve Road, London, SW18 has a total of 55 addresses. According to our analysis of all the public data, 42, Algarve Road, London is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in SW18.
42, Algarve Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2021.
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 42, Algarve Road, London is Earlsfield 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 42, Algarve Road, London, 40.2% of property is privately rented and 27.9% 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 42, Algarve Road, London, 9.3% of residents are recorded as possessing school level qualifications and 73.9% 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 42, Algarve Road, London, the average age was 34.9 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 42, Algarve Road, 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 42, Algarve Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.