According to the public record, 2A, Fairmount Road, London is a mid-century apartment with 601 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Fairmount Road, London, SW2.
Fairmount Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
2A, Fairmount Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2009.
We combine this information with public data 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 2A Fairmount Road London as £455,573 and the rental value as £1,901 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 2A Fairmount Road London has increased by £4,232 (0.9%) and its rental value has increased by £30 per month (1.6%).
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 2A, Fairmount Road, London is in very good condition we estimate a sale value of £478,352 and rental value of £1,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,683 and a rental value of £1,768 per month.
If you were able to purchase this property for the estimated value of £455,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,239 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, 2A, Fairmount Road, London was last sold on 08 Sep 2004 for £200,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Fairmount Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat C, 45, Beechdale Road, London, SW2 2BW, a Leasehold flat which sold for £440,000 in Oct 2023.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 320 metres radius of 2A, Fairmount Road, London over the last 2 years.
Most recently Ground Floor Flat, 38, Josephine Avenue, London, SW2 2LA, a Leasehold flat let by Your Home Managed in Nov 2023.
Fairmount Road, London, SW2 has a total of 89 addresses. According to our analysis of all the public data, 2A, Fairmount Road, London is the 66th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in SW2.
2A, Fairmount Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Apr 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2A, Fairmount Road, London is Brixton 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 2A, Fairmount Road, London, 33.3% of property is privately rented and 30.8% 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 2A, Fairmount Road, London, 12.3% of residents are recorded as possessing school level qualifications and 67.7% 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 2A, Fairmount Road, London, the average age was 35.6 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 2A, Fairmount Road, London, 0.4% 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 2A, Fairmount 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.