As updated by Sold.co.uk in Jun 2023, First Floor Flat, 62, Eardley Road, London is a 115 year lease apartment with 485 ft2 of internal area comprising 2 bedrooms .
There are 115 years remaining on the lease.
The apartment is in 62, Eardley Road, London, SW16.
Eardley Road, London, SW16 is located in the borough of Wandsworth within the SW16 postal district.
Based on both the data supplied by Sold.co.uk and the public information available in the area, we estimate the current sale value for First Floor Flat 62 Eardley Road London as £291,772 and the rental value as £1,609 per month giving an expected gross yield of 6.6%.
Sold.co.uk described the decorative condition as fair in Jun 2023.
Over the last 12 months the sale value of First Floor Flat 62 Eardley Road London has increased by £8,131 (2.8%) and its rental value has increased by £63 per month (3.9%).
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 First Floor Flat, 62, Eardley Road, London is in very good condition we estimate a sale value of £306,361 and rental value of £1,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,348 and a rental value of £1,496 per month.
If you were able to purchase this property for the estimated value of £291,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,434 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 Sold.co.uk , First Floor Flat, 62, Eardley Road, London was last sold on 30 Aug 2023 for an undisclosed price and was recorded as a leasehold flat.
The selling agent was Sold.co.uk. The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 62, Eardley Road, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 3, 88, Eardley Road, London, SW16 6BL, a Leasehold flat which sold for £237,000 in Jun 2023.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eardley Road, London, SW16 has a total of 373 addresses. According to our analysis of all the public data, First Floor Flat, 62, Eardley Road, London is the 294th largest and the 313th most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in SW16.
First Floor Flat, 62, Eardley Road, London has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 24 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to First Floor Flat, 62, Eardley Road, London is Streatham Common 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 First Floor Flat, 62, Eardley Road, London, 51.2% of property is privately rented and 26.3% 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 First Floor Flat, 62, Eardley Road, London, 16.1% of residents are recorded as possessing school level qualifications and 53.4% 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 First Floor Flat, 62, Eardley Road, London, the average age was 36.1 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 First Floor Flat, 62, Eardley 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 First Floor Flat, 62, Eardley Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.