According to the public record, Flat 2, 23, Ashlake Road, London is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 23, Ashlake Road, London, SW16.
Ashlake Road, London, SW16 is located in the borough of Lambeth within the SW16 postal district.
Flat 2, 23, Ashlake Road, London has 21 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated January 2015.
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 23 Ashlake Road London as £464,909 and the rental value as £2,109 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 2 23 Ashlake Road London has increased by £11,413 (2.5%) and its rental value has increased by £76 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 2, 23, Ashlake Road, London is in very good condition we estimate a sale value of £488,154 and rental value of £2,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,365 and a rental value of £1,961 per month.
If you were able to purchase this property for the estimated value of £464,909, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,285 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, 23, Ashlake Road, London was last sold on 11 Dec 2020 for £470,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 23, Ashlake Road, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 3, 23, Ashlake Road, London, SW16 2BB, a Leasehold flat which sold for £370,000 in Aug 2021.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ashlake Road, London, SW16 has a total of 72 addresses. According to our analysis of all the public data, Flat 2, 23, Ashlake Road, London is the 32nd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in SW16.
Flat 2, 23, Ashlake Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jan 2015.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 23, Ashlake Road, London is Streatham (Greater London) station which is 400 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, 23, Ashlake Road, London, 58.9% of property is privately rented and 21.7% 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 2, 23, Ashlake Road, London, 13.7% of residents are recorded as possessing school level qualifications and 56.2% 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, 23, Ashlake Road, London, the average age was 35.4 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 2, 23, Ashlake Road, London, 0.6% 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, 23, Ashlake Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.