According to the public record, 1041A, Garratt Lane, London is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 1041, Garratt Lane, London, SW17.
Garratt Lane, London, SW17 is located in the borough of Wandsworth within the SW17 postal district.
1041A, Garratt Lane, London has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated September 2020.
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 1041A Garratt Lane London as £405,429 and the rental value as £1,859 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1041A Garratt Lane London has increased by £17,905 (4.4%) and its rental value has increased by £88 per month (4.7%).
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 1041A, Garratt Lane, London is in very good condition we estimate a sale value of £425,700 and rental value of £1,952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,049 and a rental value of £1,729 per month.
If you were able to purchase this property for the estimated value of £405,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,993 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, 1041A, Garratt Lane, London was last sold on 28 Sep 2021 for £354,999 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1041A, Garratt Lane, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 2, 9, Hoyle Road, London, SW17 0RS, a Leasehold flat which sold for £335,000 in Jan 2023.
Read more about house prices in SW17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garratt Lane, London, SW17 has a total of 910 addresses. According to our analysis of all the public data, 1041A, Garratt Lane, London is the 774th largest and the 478th most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in SW17.
1041A, Garratt Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Sep 2020.
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 1041A, Garratt Lane, London is Tooting Broadway 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 1041A, Garratt Lane, London, 50.0% of property is privately rented and 19.4% 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 1041A, Garratt Lane, London, 9.9% of residents are recorded as possessing school level qualifications and 58.4% 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 1041A, Garratt Lane, London, the average age was 34.2 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 1041A, Garratt Lane, London, 1.4% 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 1041A, Garratt Lane, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.