According to the public record, Apartment 42, Faraday House, London is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Faraday House, Aurora Gardens, London, SW11.
Aurora Gardens, London, SW11 is located in the borough of Wandsworth within the SW11 postal district.
Apartment 42, Faraday House, London has 3 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated February 2017.
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 Apartment 42 Faraday House London as £844,754 and the rental value as £4,201 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 42 Faraday House London has increased by £3,660 (0.4%) and its rental value has increased by £233 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 Apartment 42, Faraday House, London is in very good condition we estimate a sale value of £886,991 and rental value of £4,411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £785,621 and a rental value of £3,907 per month.
If you were able to purchase this property for the estimated value of £844,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,152 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 42, Faraday House, London was last sold on 28 Jan 2022 for £885,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 42, Faraday House, London within a radius of 220 metres over the last 2 years.
The most recent example is 203, Ambrose House 19, Circus Road West, London, SW11 8EL, a Leasehold flat which sold for £980,000 in Nov 2023.
Read more about house prices in SW11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Apartment 42, Faraday House, London within a radius of 220 metres over the last 2 years.
Most recently 303, Pearce House 8, Circus Road West, London, SW11 8ES, a Leasehold flat let by London Property Management in Sep 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aurora Gardens, London, SW11 has a total of 113 addresses. According to our analysis of all the public data, Apartment 42, Faraday House, London is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in SW11.
Apartment 42, Faraday House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 42, Faraday House, London is Battersea Power Station 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 Apartment 42, Faraday House, London, 41.0% of property is privately rented and 29.9% is socially 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 42, Faraday House, London, 10.2% of residents are recorded as possessing school level qualifications and 65.4% 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 42, Faraday House, London, the average age was 40.5 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 42, Faraday House, London, 1.5% 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 42, Faraday House, 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.