According to the public record, 340A, Garratt Lane, London is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Garratt Lane, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
340A, Garratt Lane, London has 41 entries in the Land Registry database, most recently in June 2013 and a single entry in the EPC database dated March 2023.
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 340A Garratt Lane London as £425,522 and the rental value as £1,998 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 340A Garratt Lane London has increased by £11,174 (2.6%) and its rental value has increased by £109 per month (5.5%).
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 340A, Garratt Lane, London is in very good condition we estimate a sale value of £446,798 and rental value of £2,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £395,736 and a rental value of £1,858 per month.
If you were able to purchase this property for the estimated value of £425,522, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,091 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, 340A, Garratt Lane, London was last sold on 03 Jun 2013 for £305,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2013, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 340A, Garratt Lane, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 3, Ludo Building 375, Earlsfield Road, London, SW18 3DG, a Leasehold flat which sold for £430,000 in Aug 2023.
Read more about house prices in SW18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garratt Lane, London, SW18 has a total of 994 addresses. According to our analysis of all the public data, 340A, Garratt Lane, London is the 366th largest and the 492nd most expensive property on the street.
When compared to the postcode district it is £371k less expensive than the average property in SW18.
340A, Garratt Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2023.
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 340A, Garratt Lane, London is Earlsfield 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 340A, Garratt Lane, London, 62.1% of property is privately rented and 23.7% 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 340A, Garratt Lane, London, 6.6% of residents are recorded as possessing school level qualifications and 69.7% 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 340A, Garratt Lane, London, the average age was 34.9 and the most common age was 32.
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 340A, Garratt Lane, London, 0.0% 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 340A, 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.