According to the public record, Flat 12, Park Mansions, London is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Park Mansions, South Lambeth Road, London, SW8.
South Lambeth Road, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 12, Park Mansions, London has 21 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated March 2024.
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 12 Park Mansions London as £493,930 and the rental value as £2,729 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 12 Park Mansions London has increased by £159 (0.0%) and its rental value has increased by £106 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 Flat 12, Park Mansions, London is in very good condition we estimate a sale value of £518,626 and rental value of £2,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,355 and a rental value of £2,538 per month.
If you were able to purchase this property for the estimated value of £493,930, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,428 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 12, Park Mansions, London was last sold on 15 Aug 2014 for £450,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2014, the market for similar properties has dropped 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Park Mansions, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 25, Park Mansions, South Lambeth Road, London, SW8 1TP, a Leasehold flat which sold for £315,000 in Mar 2023.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Lambeth Road, London, SW8 has a total of 1104 addresses. According to our analysis of all the public data, Flat 12, Park Mansions, London is the 415th largest and the 228th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in SW8.
Flat 12, Park Mansions, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2024.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 12, Park Mansions, London is Vauxhall 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 Flat 12, Park Mansions, London, 35.7% of property is socially rented and 32.4% 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 Flat 12, Park Mansions, London, 11.3% of residents are recorded as possessing school level qualifications and 65.0% 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 12, Park Mansions, London, the average age was 35.3 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 12, Park Mansions, 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 12, Park Mansions, 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.