According to the public record, Flat 2, 1, Southdown Road, London is a period leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Southdown Road, London, SW20.
Southdown Road, London, SW20 is located in the borough of Merton within the SW20 postal district.
Flat 2, 1, Southdown Road, London has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated May 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 2 1 Southdown Road London as £481,754 and the rental value as £2,096 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 2 1 Southdown Road London has increased by £23,159 (4.8%) and its rental value has increased by £125 per month (6.0%).
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 2, 1, Southdown Road, London is in very good condition we estimate a sale value of £505,842 and rental value of £2,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,032 and a rental value of £1,949 per month.
If you were able to purchase this property for the estimated value of £481,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,368 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 2, 1, Southdown Road, London was last sold on 07 Apr 2022 for £420,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Southdown Road, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 1, 8, Southdown Road, London, SW20 8PT, a Leasehold flat which sold for £490,000 in Jun 2022.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southdown Road, London, SW20 has a total of 84 addresses. According to our analysis of all the public data, Flat 2, 1, Southdown Road, London is the 54th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £350k less expensive than the average property in SW20.
Flat 2, 1, Southdown Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 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 2, 1, Southdown Road, London is Wimbledon Chase station which is 600 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 2, 1, Southdown Road, London, 41.5% of property is privately rented and 33.3% 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 2, 1, Southdown Road, London, 16.3% of residents are recorded as possessing school level qualifications and 64.8% 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 2, 1, Southdown Road, London, the average age was 37.3 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 2, 1, Southdown Road, London, 1.0% 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 2, 1, Southdown Road, 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.