According to the public record, Flat 2, 43, Cromford Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 588 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 43, Cromford Road, London, SW18.
Cromford Road, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
Flat 2, 43, Cromford Road, London has 51 entries in the Land Registry database, most recently in October 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 43 Cromford Road London as £477,719 and the rental value as £2,023 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 2 43 Cromford Road London has increased by £9,469 (2.0%) and its rental value has increased by £110 per month (5.5%).
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, 43, Cromford Road, London is in very good condition we estimate a sale value of £501,605 and rental value of £2,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £444,278 and a rental value of £1,882 per month.
If you were able to purchase this property for the estimated value of £477,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,348 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, 43, Cromford Road, London was last sold on 24 Oct 2023 for £445,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 43, Cromford Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 1C , Cromford Road, London, SW18 1NZ, a Leasehold flat which sold for £425,000 in May 2023.
Read more about house prices in SW18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromford Road, London, SW18 has a total of 131 addresses. According to our analysis of all the public data, Flat 2, 43, Cromford Road, London is the 111th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £319k less expensive than the average property in SW18.
The closest station to Flat 2, 43, Cromford Road, London is East Putney 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, 43, Cromford Road, London, 47.0% of property is privately rented and 31.0% 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, 43, Cromford Road, London, 15.6% of residents are recorded as possessing school level qualifications and 75.9% 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, 43, Cromford Road, London, the average age was 35.3 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, 43, Cromford Road, London, 0.4% 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, 43, Cromford Road, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.