According to the public record, 261A, Lavender Hill, London is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 261, Lavender Hill, London, SW11.
Lavender Hill, London, SW11 is located in the borough of Wandsworth within the SW11 postal district.
261A, Lavender Hill, London has 2 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated April 2017.
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 261A Lavender Hill London as £515,261 and the rental value as £2,451 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 261A Lavender Hill London has increased by £9,003 (1.7%) and its rental value has increased by £102 per month (4.1%).
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 261A, Lavender Hill, London is in very good condition we estimate a sale value of £541,024 and rental value of £2,573 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,193 and a rental value of £2,279 per month.
If you were able to purchase this property for the estimated value of £515,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,532 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, 261A, Lavender Hill, London was last sold on 24 Nov 2023 for £550,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 261A, Lavender Hill, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat A, 203, Latchmere Road, London, SW11 2LA, a Leasehold flat which sold for £650,000 in Apr 2022.
Read more about house prices in SW11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lavender Hill, London, SW11 has a total of 631 addresses. According to our analysis of all the public data, 261A, Lavender Hill, London is the 124th largest and the 292nd most expensive property on the street.
When compared to the postcode district it is £279k less expensive than the average property in SW11.
261A, Lavender Hill, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 261A, Lavender Hill, London is Clapham Junction station which is 400 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 261A, Lavender Hill, London, 64.8% of property is privately rented and 14.3% is privately owned outright.
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 261A, Lavender Hill, London, 4.4% of residents are recorded as possessing school level qualifications and 77.6% 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 261A, Lavender Hill, London, the average age was 33.6 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 261A, Lavender Hill, London, 1.7% 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 261A, Lavender Hill, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.