According to the public record, Flat 13, Fern Lodge, London is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Fern Lodge, Crown Lane, London, SW16.
Crown Lane, London, SW16 is located in the borough of Lambeth within the SW16 postal district.
Flat 13, Fern Lodge, London has 41 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated November 2023.
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 Fern Lodge London as £278,765 and the rental value as £1,522 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 13 Fern Lodge London has increased by £3,612 (1.3%) and its rental value has increased by £45 per month (2.9%).
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 13, Fern Lodge, London is in very good condition we estimate a sale value of £292,703 and rental value of £1,598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,251 and a rental value of £1,416 per month.
If you were able to purchase this property for the estimated value of £278,765, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,370 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, Fern Lodge, London was last sold on 08 Jul 2021 for £295,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2021, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Fern Lodge, London within a radius of 530 metres over the last 2 years.
The most recent example is Flat 6, Blackthorn Court, Leigham Court Road, London, SW16 3QZ, a Leasehold flat which sold for £300,000 in Aug 2023.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crown Lane, London, SW16 has a total of 68 addresses. According to our analysis of all the public data, Flat 13, Fern Lodge, London is the 26th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £268k less expensive than the average property in SW16.
Flat 13, Fern Lodge, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 13, Fern Lodge, London is West Norwood station which is 1.1 kilometres 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, Fern Lodge, London, 30.4% of property is privately owned with a mortgage and 28.6% 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 13, Fern Lodge, London, 26.0% of residents are recorded as possessing school level qualifications and 42.5% 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, Fern Lodge, London, the average age was 35.8 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 Flat 13, Fern Lodge, London, 1.8% 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, Fern Lodge, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.