According to the public record, 626A, Garratt Lane, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 934 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 626, Garratt Lane, London, SW17.
Garratt Lane, London, SW17 is located in the borough of Wandsworth within the SW17 postal district.
626A, Garratt Lane, London has a single entry in the Land Registry database from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 626A Garratt Lane London as £442,523 and the rental value as £2,082 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 626A Garratt Lane London has increased by £19,378 (4.4%) and its rental value has increased by £107 per month (5.1%).
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 626A, Garratt Lane, London is in very good condition we estimate a sale value of £464,649 and rental value of £2,186 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,547 and a rental value of £1,936 per month.
If you were able to purchase this property for the estimated value of £442,523, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,175 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, 626A, Garratt Lane, London was last sold on 11 Jun 2007 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 62.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 626A, Garratt Lane, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat K, Burmester House, Burmester Road, London, SW17 0JL, a Leasehold flat which sold for £340,000 in Oct 2022.
Read more about house prices in SW17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 400 metres radius of 626A, 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, SW17 has a total of 910 addresses. According to our analysis of all the public data, 626A, Garratt Lane, London is the 137th largest and the 335th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in SW17.
The closest station to 626A, Garratt Lane, London is Earlsfield station which is 800 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 626A, Garratt Lane, London, 43.4% of property is socially rented and 25.7% is privately rented.
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 626A, Garratt Lane, London, 18.1% of residents are recorded as possessing school level qualifications and 43.8% 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 626A, 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 626A, Garratt Lane, 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 626A, 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.