According to the public record, Flat 13, Spitfire House 23, London is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Spitfire House, Coombe Lane, London, SW20.
Coombe Lane, London, SW20 is located in the borough of Merton within the SW20 postal district.
Flat 13, Spitfire House 23, London has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated November 2021.
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 Spitfire House 23 London as £382,243 and the rental value as £1,834 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 13 Spitfire House 23 London has increased by £9,422 (2.5%) and its rental value has increased by £66 per month (3.6%).
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, Spitfire House 23, London is in very good condition we estimate a sale value of £401,355 and rental value of £1,925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,486 and a rental value of £1,705 per month.
If you were able to purchase this property for the estimated value of £382,243, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,879 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, Spitfire House 23, London was last sold on 05 Apr 2022 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Spitfire House 23, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, Hurricane House 27, Coombe Lane, London, SW20 0BW, a Leasehold flat which sold for £350,000 in Feb 2022.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coombe Lane, London, SW20 has a total of 418 addresses. According to our analysis of all the public data, Flat 13, Spitfire House 23, London is the 366th largest and the 342nd most expensive property on the street.
When compared to the postcode district it is £449k less expensive than the average property in SW20.
Flat 13, Spitfire House 23, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 13, Spitfire House 23, London is Raynes Park station which is 300 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, Spitfire House 23, London, 39.6% of property is privately rented and 36.7% 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, Spitfire House 23, London, 16.8% of residents are recorded as possessing school level qualifications and 62.0% 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 13, Spitfire House 23, London, the average age was 37.6 and the most common age was 37.
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, Spitfire House 23, London, 0.8% 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, Spitfire House 23, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.