According to the public record, 61B , Chelsham Road, London is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 61, Chelsham Road, London, SW4.
Chelsham Road, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
61B , Chelsham Road, London has 51 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated August 2022.
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 61B Chelsham Road London as £594,977 and the rental value as £2,392 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 61B Chelsham Road London has increased by £11,626 (2.0%) and its rental value has increased by £72 per month (3.0%).
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 61B , Chelsham Road, London is in very good condition we estimate a sale value of £624,725 and rental value of £2,511 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,328 and a rental value of £2,224 per month.
If you were able to purchase this property for the estimated value of £594,977, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,924 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, 61B , Chelsham Road, London was last sold on 24 Nov 2022 for £675,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2022, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61B , Chelsham Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 10A , Chelsham Road, London, SW4 6NP, a Leasehold flat which sold for £575,000 in Nov 2023.
Read more about house prices in SW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 61B , Chelsham Road, London within a radius of 310 metres over the last 2 years.
Most recently Flat 21, 378, Clapham Road, London, SW9 9AF, a Leasehold flat let by Your Home Managed in Dec 2021.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelsham Road, London, SW4 has a total of 120 addresses. According to our analysis of all the public data, 61B , Chelsham Road, London is the 91st largest and the 68th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in SW4.
61B , Chelsham Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 61B , Chelsham Road, London is Clapham North station which is 200 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 61B , Chelsham Road, London, 33.3% of property is socially rented and 32.8% 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 61B , Chelsham Road, London, 11.9% of residents are recorded as possessing school level qualifications and 58.1% 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 61B , Chelsham Road, London, the average age was 34.9 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 61B , Chelsham Road, London, 1.2% 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 61B , Chelsham Road, 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.