According to the public record, Flat 1, 4, Bourbon Road, London is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 4, Bourbon Road, London, SW9.
Bourbon Road, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
Flat 1, 4, Bourbon Road, London has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated May 2014.
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 Flat 1 4 Bourbon Road London as £404,500 and the rental value as £2,277 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 1 4 Bourbon Road London has decreased by £1,143 (0.3%) and its rental value has increased by £21 per month (0.9%).
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 Flat 1, 4, Bourbon Road, London is in very good condition we estimate a sale value of £424,725 and rental value of £2,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,185 and a rental value of £2,117 per month.
If you were able to purchase this property for the estimated value of £404,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,988 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, Flat 1, 4, Bourbon Road, London was last sold on 22 Jan 2021 for £168,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 4, Bourbon Road, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 2, 4, Bourbon Road, London, SW9 6FS, a Leasehold flat which sold for £390,000 in Feb 2022.
Read more about house prices in SW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bourbon Road, London, SW9 has a total of 40 addresses. According to our analysis of all the public data, Flat 1, 4, Bourbon Road, London is the 28th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in SW9.
Flat 1, 4, Bourbon Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 1, 4, Bourbon Road, London is Loughborough Junction station which is 900 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 Flat 1, 4, Bourbon Road, London, 41.5% of property is socially rented and 19.4% is shared ownership.
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 Flat 1, 4, Bourbon Road, London, 19.9% of residents are recorded as possessing school level qualifications and 51.2% 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 Flat 1, 4, Bourbon Road, London, the average age was 35 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 Flat 1, 4, Bourbon Road, 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 Flat 1, 4, Bourbon Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.