According to the public record, Flat 13, Despard House 43, London is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Despard House, Palace Road, London, SW2.
Palace Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 13, Despard House 43, London has 51 entries in the Land Registry database, most recently in January 2016 and a single entry in the EPC database dated September 2018.
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 13 Despard House 43 London as £355,417 and the rental value as £1,893 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 13 Despard House 43 London has increased by £2,703 (0.8%) and its rental value has increased by £29 per month (1.5%).
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 Flat 13, Despard House 43, London is in very good condition we estimate a sale value of £373,188 and rental value of £1,988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,538 and a rental value of £1,761 per month.
If you were able to purchase this property for the estimated value of £355,417, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,747 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 13, Despard House 43, London was last sold on 29 Jan 2016 for £310,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 2016, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Despard House 43, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 3, Despard House 43, Palace Road, London, SW2 3EW, a Leasehold flat which sold for £380,000 in Apr 2022.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Road, London, SW2 has a total of 612 addresses. According to our analysis of all the public data, Flat 13, Despard House 43, London is the 169th largest and the 364th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in SW2.
Flat 13, Despard House 43, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2018.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using a community scheme.
The closest station to Flat 13, Despard House 43, London is Tulse Hill station which is 700 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 13, Despard House 43, London, 44.1% of property is socially rented and 28.7% 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 Flat 13, Despard House 43, London, 19.9% of residents are recorded as possessing school level qualifications and 44.1% 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 Flat 13, Despard House 43, 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 13, Despard House 43, 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 13, Despard House 43, 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.