According to the public record, 79, New Park Road, London is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
New Park Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
79, New Park Road, London has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated December 2014.
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 79 New Park Road London as £317,733 and the rental value as £1,691 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 79 New Park Road London has increased by £4,444 (1.4%) and its rental value has increased by £31 per month (1.8%).
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 79, New Park Road, London is in very good condition we estimate a sale value of £333,619 and rental value of £1,775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,491 and a rental value of £1,572 per month.
If you were able to purchase this property for the estimated value of £317,733, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,562 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, 79, New Park Road, London was last sold on 15 Oct 2021 for £329,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, New Park Road, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 5, Beaumont Court 5, Streatham Place, London, SW2 4PY, a Leasehold flat which sold for £285,000 in Mar 2024.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Park Road, London, SW2 has a total of 850 addresses. According to our analysis of all the public data, 79, New Park Road, London is the 819th largest and the 512th most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in SW2.
79, New Park Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating, pipes in screed above insulation, electric.
The closest station to 79, New Park Road, London is Streatham Hill station which is 1.0 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 79, New Park Road, London, 39.2% of property is privately rented and 32.7% 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 79, New Park Road, London, 19.1% of residents are recorded as possessing school level qualifications and 64.6% 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 79, New Park Road, London, the average age was 35.3 and the most common age was 27.
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 79, New Park 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 79, New Park Road, 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.