According to the public record, Apartment 2, Reservoir Court 18, London is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Reservoir Court, Palace Road, London, SW2.
Palace Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Apartment 2, Reservoir Court 18, London has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated July 2020.
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 good condition, we estimate the current sale value for Apartment 2 Reservoir Court 18 London as £150,808 and the rental value as £816 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Apartment 2 Reservoir Court 18 London has increased by £1,887 (1.3%) and its rental value has increased by £15 per month (1.8%).
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 Apartment 2, Reservoir Court 18, London is in very good condition we estimate a sale value of £158,349 and rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,252 and a rental value of £759 per month.
If you were able to purchase this property for the estimated value of £150,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £741 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, Apartment 2, Reservoir Court 18, London was last sold on 29 Jul 2020 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Apartment 2, Reservoir Court 18, London within a radius of 340 metres over the last 2 years.
The most recent example is Apartment 6, Reservoir Court 18, Palace Road, London, SW2 3NG, a Leasehold flat which sold for £127,500 in Mar 2024.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 340 metres radius of Apartment 2, Reservoir Court 18, London over the last 2 years.
Most recently Flat 19, Christchurch House, Christchurch Road, London, SW2 3UA, a Leasehold flat let by Your Home Managed in May 2022.
Palace Road, London, SW2 has a total of 612 addresses. According to our analysis of all the public data, Apartment 2, Reservoir Court 18, London is the 231st largest and the 599th most expensive property on the street.
When compared to the postcode district it is £400k less expensive than the average property in SW2.
Apartment 2, Reservoir Court 18, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Apartment 2, Reservoir Court 18, London is Streatham Hill station which is 700 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 Apartment 2, Reservoir Court 18, London, 44.8% of property is socially rented and 23.9% 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 Apartment 2, Reservoir Court 18, London, 21.9% of residents are recorded as possessing school level qualifications and 53.0% 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 Apartment 2, Reservoir Court 18, London, the average age was 36.6 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 Apartment 2, Reservoir Court 18, 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 Apartment 2, Reservoir Court 18, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.