According to the public record, Flat 2, 40, Ferndale Road, London is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 40, Ferndale Road, London, SW4.
Ferndale Road, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
Flat 2, 40, Ferndale Road, London has 2 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated January 2019.
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 40 Ferndale Road London as £433,336 and the rental value as £2,034 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 40 Ferndale Road London has increased by £3,862 (0.9%) and its rental value has increased by £37 per month (1.8%).
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, 40, Ferndale Road, London is in very good condition we estimate a sale value of £455,003 and rental value of £2,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,002 and a rental value of £1,892 per month.
If you were able to purchase this property for the estimated value of £433,336, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,130 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, 40, Ferndale Road, London was last sold on 21 Feb 2020 for £395,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2020, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Ferndale Road, London within a radius of 270 metres over the last 2 years.
The most recent example is Ground Floor Flat, 119, Ferndale Road, London, SW4 7RL, a Leasehold flat which sold for £413,000 in Jul 2023.
Read more about house prices in SW4.
Ferndale Road, London, SW4 has a total of 333 addresses. According to our analysis of all the public data, Flat 2, 40, Ferndale Road, London is the 293rd largest and the 285th most expensive property on the street.
When compared to the postcode district it is £315k less expensive than the average property in SW4.
Flat 2, 40, Ferndale Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 40, Ferndale Road, London is Clapham North 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 2, 40, Ferndale Road, London, 55.7% of property is privately rented and 19.7% is socially rented.
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, 40, Ferndale Road, London, 15.9% of residents are recorded as possessing school level qualifications and 58.0% 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 2, 40, Ferndale Road, London, the average age was 34 and the most common age was 27.
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, 40, Ferndale Road, London, 0.3% 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, 40, Ferndale Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.