According to the public record, Flat 13, Hermes House 59A, London is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hermes House, Josephine Avenue, London, SW2.
Josephine Avenue, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 13, Hermes House 59A, London has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated February 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 good condition, we estimate the current sale value for Flat 13 Hermes House 59A London as £472,241 and the rental value as £2,263 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 13 Hermes House 59A London has increased by £4,387 (0.9%) and its rental value has increased by £36 per month (1.6%).
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, Hermes House 59A, London is in very good condition we estimate a sale value of £495,853 and rental value of £2,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,184 and a rental value of £2,104 per month.
If you were able to purchase this property for the estimated value of £472,241, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,321 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, Hermes House 59A, London was last sold on 04 Feb 2021 for £471,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Hermes House 59A, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 15, Hermes House 59A, Josephine Avenue, London, SW2 2JG, a Leasehold flat which sold for £450,000 in Dec 2023.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 13, Hermes House 59A, London within a radius of 310 metres over the last 2 years.
Most recently Ground Floor Flat, 38, Josephine Avenue, London, SW2 2LA, a Leasehold flat let by Your Home Managed in Nov 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Josephine Avenue, London, SW2 has a total of 173 addresses. According to our analysis of all the public data, Flat 13, Hermes House 59A, London is the 76th largest and the 141st most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in SW2.
Flat 13, Hermes House 59A, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2024.
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, Hermes House 59A, London is Brixton station which is 1.0 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, Hermes House 59A, London, 40.4% of property is privately rented and 26.7% 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, Hermes House 59A, London, 9.4% of residents are recorded as possessing school level qualifications and 72.9% 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, Hermes House 59A, London, the average age was 35.6 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, Hermes House 59A, 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, Hermes House 59A, 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.