According to the public record, Flat 2, 28, Fernwood Avenue, London is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 28, Fernwood Avenue, London, SW16.
Fernwood Avenue, London, SW16 is located in the borough of Lambeth within the SW16 postal district.
Flat 2, 28, Fernwood Avenue, London has 71 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated March 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 28 Fernwood Avenue London as £338,718 and the rental value as £1,526 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 2 28 Fernwood Avenue London has increased by £17,561 (5.2%) and its rental value has increased by £97 per month (6.4%).
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 2, 28, Fernwood Avenue, London is in very good condition we estimate a sale value of £355,654 and rental value of £1,602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,008 and a rental value of £1,419 per month.
If you were able to purchase this property for the estimated value of £338,718, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,665 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, 28, Fernwood Avenue, London was last sold on 29 Nov 2013 for £207,500 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Nov 2013, the market for similar properties has risen 41.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 28, Fernwood Avenue, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 4, 32, Ambleside Avenue, London, SW16 1QP, a Leasehold flat which sold for £360,000 in Mar 2023.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fernwood Avenue, London, SW16 has a total of 108 addresses. According to our analysis of all the public data, Flat 2, 28, Fernwood Avenue, London is the 95th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in SW16.
Flat 2, 28, Fernwood Avenue, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 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, 28, Fernwood Avenue, 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, 28, Fernwood Avenue, London, 49.0% of property is privately rented and 23.1% 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, 28, Fernwood Avenue, London, 12.5% of residents are recorded as possessing school level qualifications and 48.9% 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 2, 28, Fernwood Avenue, 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, 28, Fernwood Avenue, 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 2, 28, Fernwood Avenue, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.