According to the public record, 8, Veronica Gardens, London is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Veronica Gardens, London, SW16 is located in the borough of Merton within the SW16 postal district.
8, Veronica Gardens, London has 31 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated July 2013.
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 8 Veronica Gardens London as £289,296 and the rental value as £1,707 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 8 Veronica Gardens London has increased by £8,557 (3.0%) and its rental value has increased by £78 per month (4.6%).
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 8, Veronica Gardens, London is in very good condition we estimate a sale value of £303,761 and rental value of £1,793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,046 and a rental value of £1,588 per month.
If you were able to purchase this property for the estimated value of £289,296, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,422 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, 8, Veronica Gardens, London was last sold on 07 Nov 2014 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2014, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Veronica Gardens, London within a radius of 430 metres over the last 2 years.
The most recent example is 55, Veronica Gardens, London, SW16 5JR, a Leasehold flat which sold for £310,000 in Jun 2023.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 430 metres radius of 8, Veronica Gardens, London over the last 2 years.
Most recently 112, Veronica Gardens, London, SW16 5JS, a Leasehold flat let by Your Home Managed in Dec 2023.
Veronica Gardens, London, SW16 has a total of 111 addresses. According to our analysis of all the public data, 8, Veronica Gardens, London is the 59th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £258k less expensive than the average property in SW16.
8, Veronica Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 8, Veronica Gardens, London is Mitcham Eastfields station which is 800 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 8, Veronica Gardens, London, 45.9% of property is privately rented and 24.4% 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 8, Veronica Gardens, London, 24.3% of residents are recorded as possessing school level qualifications and 37.9% 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 8, Veronica Gardens, London, the average age was 35.1 and the most common age was 37.
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 8, Veronica Gardens, 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 8, Veronica Gardens, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.