According to the public record, Flat 15, Paddock Court 142, London is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Paddock Court, Grand Drive, London, SW20.
Grand Drive, London, SW20 is located in the borough of Merton within the SW20 postal district.
Flat 15, Paddock Court 142, London has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated February 2013.
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 15 Paddock Court 142 London as £345,195 and the rental value as £1,647 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 15 Paddock Court 142 London has increased by £11,000 (3.2%) and its rental value has increased by £73 per month (4.4%).
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 15, Paddock Court 142, London is in very good condition we estimate a sale value of £362,455 and rental value of £1,729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,031 and a rental value of £1,531 per month.
If you were able to purchase this property for the estimated value of £345,195, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,697 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 15, Paddock Court 142, London was last sold on 12 Mar 2021 for £356,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Paddock Court 142, London within a radius of 590 metres over the last 2 years.
The most recent example is Flat 4, Aran Court 34, Cannon Close, London, SW20 9HA, a Leasehold flat which sold for £345,000 in Sep 2023.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grand Drive, London, SW20 has a total of 392 addresses. According to our analysis of all the public data, Flat 15, Paddock Court 142, London is the 275th largest and the 270th most expensive property on the street.
When compared to the postcode district it is £486k less expensive than the average property in SW20.
Flat 15, Paddock Court 142, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2013.
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 15, Paddock Court 142, London is Raynes Park station which is 800 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 15, Paddock Court 142, London, 40.7% of property is privately owned with a mortgage and 33.6% is privately owned outright.
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 15, Paddock Court 142, London, 20.9% of residents are recorded as possessing school level qualifications and 67.0% 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 15, Paddock Court 142, London, the average age was 38.6 and the most common age was 42.
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 15, Paddock Court 142, London, 0.7% 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 15, Paddock Court 142, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.