According to the public record, 1F, Garratt Terrace, London is a modern leasehold apartment with 838 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Garratt Terrace, London, SW17.
Garratt Terrace, London, SW17 is located in the borough of Wandsworth within the SW17 postal district.
1F, Garratt Terrace, London has 2 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated March 2019.
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 1F Garratt Terrace London as £565,400 and the rental value as £2,612 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1F Garratt Terrace London has increased by £29,449 (5.2%) and its rental value has increased by £145 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 1F, Garratt Terrace, London is in very good condition we estimate a sale value of £593,670 and rental value of £2,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,822 and a rental value of £2,429 per month.
If you were able to purchase this property for the estimated value of £565,400, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,779 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, 1F, Garratt Terrace, London was last sold on 23 Feb 2024 for £551,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2024, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1F, Garratt Terrace, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 17, 28, Tooting High Street, London, SW17 0RG, a Leasehold flat which sold for £575,000 in Aug 2023.
Read more about house prices in SW17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garratt Terrace, London, SW17 has a total of 145 addresses. According to our analysis of all the public data, 1F, Garratt Terrace, London is the 21st largest and the 34th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in SW17.
1F, Garratt Terrace, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and radiators.
The closest station to 1F, Garratt Terrace, London is Tooting Broadway 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 1F, Garratt Terrace, London, 60.4% of property is privately rented and 20.9% 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 1F, Garratt Terrace, London, 14.9% of residents are recorded as possessing school level qualifications and 63.6% 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 1F, Garratt Terrace, London, the average age was 34.2 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 1F, Garratt Terrace, London, 0.5% 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 1F, Garratt Terrace, 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.