According to the public record, 617A , Garratt Lane, London is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 617, Garratt Lane, London, SW18.
Garratt Lane, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
617A , Garratt Lane, London has 3 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated July 2021.
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 617A Garratt Lane London as £464,488 and the rental value as £2,212 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 617A Garratt Lane London has increased by £15,416 (3.3%) and its rental value has increased by £120 per month (5.4%).
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 617A , Garratt Lane, London is in very good condition we estimate a sale value of £487,712 and rental value of £2,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,974 and a rental value of £2,057 per month.
If you were able to purchase this property for the estimated value of £464,488, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,283 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, 617A , Garratt Lane, London was last sold on 03 Dec 2018 for £335,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2018, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 617A , Garratt Lane, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat B, 603, Garratt Lane, London, SW18 4SU, a Leasehold flat which sold for £450,000 in Oct 2023.
Read more about house prices in SW18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 370 metres radius of 617A , Garratt Lane, London over the last 2 years.
Most recently 11, Harper Mews, London, SW17 0JP, a Freehold house let by Your Home Managed in Dec 2022.
Garratt Lane, London, SW18 has a total of 994 addresses. According to our analysis of all the public data, 617A , Garratt Lane, London is the 578th largest and the 361st most expensive property on the street.
When compared to the postcode district it is £332k less expensive than the average property in SW18.
617A , Garratt Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2021.
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 617A , Garratt Lane, London is Earlsfield 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 617A , Garratt Lane, London, 50.9% of property is privately rented and 30.5% 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 617A , Garratt Lane, London, 14.1% of residents are recorded as possessing school level qualifications and 80.1% 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 617A , Garratt Lane, London, the average age was 33.7 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 617A , Garratt Lane, London, 0.8% 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 617A , Garratt Lane, 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.