According to the public record, 3A, Hanover Gardens, London is a period leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 3, Hanover Gardens, London, SE11.
Hanover Gardens, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
3A, Hanover Gardens, London has 41 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated October 2022.
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 3A Hanover Gardens London as £399,298 and the rental value as £1,586 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3A Hanover Gardens London has increased by £7,575 (1.9%) and its rental value has increased by £83 per month (5.2%).
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 3A, Hanover Gardens, London is in very good condition we estimate a sale value of £419,263 and rental value of £1,665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,347 and a rental value of £1,475 per month.
If you were able to purchase this property for the estimated value of £399,298, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,962 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, 3A, Hanover Gardens, London was last sold on 09 Jan 2023 for £400,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2023, 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 3A, Hanover Gardens, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 31, Belgrave House 1-7, Clapham Road, London, SW9 0JP, a Leasehold flat which sold for £512,000 in Jan 2022.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hanover Gardens, London, SE11 has a total of 69 addresses. According to our analysis of all the public data, 3A, Hanover Gardens, London is the 68th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in SE11.
3A, Hanover Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 3A, Hanover Gardens, London is Oval station which is 100 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 3A, Hanover Gardens, London, 59.8% of property is privately rented and 17.2% 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 3A, Hanover Gardens, London, 9.0% of residents are recorded as possessing school level qualifications and 76.1% 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 3A, Hanover Gardens, London, the average age was 36.1 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 3A, Hanover Gardens, London, 2.4% 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 3A, Hanover Gardens, 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.