According to the public record, Flat 2, 54, Ridgway, London is a period leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 54, Ridgway, London, SW19.
Ridgway, London, SW19 is located in the borough of Merton within the SW19 postal district.
Flat 2, 54, Ridgway, London has a single entry in the Land Registry database from September 2013 and a single entry in the EPC database dated March 2009.
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 54 Ridgway London as £1,040,523 and the rental value as £3,517 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Flat 2 54 Ridgway London has increased by £58,536 (5.6%) and its rental value has increased by £222 per month (6.3%).
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, 54, Ridgway, London is in very good condition we estimate a sale value of £1,092,550 and rental value of £3,693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £967,687 and a rental value of £3,271 per month.
If you were able to purchase this property for the estimated value of £1,040,523, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,114 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, 54, Ridgway, London was last sold on 27 Sep 2013 for £930,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2013, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 54, Ridgway, London within a radius of 490 metres over the last 2 years.
The most recent example is Flat 4, Kingsley Court 35, Lingfield Road, London, SW19 4PZ, a Leasehold flat which sold for £865,000 in Oct 2023.
Read more about house prices in SW19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgway, London, SW19 has a total of 230 addresses. According to our analysis of all the public data, Flat 2, 54, Ridgway, London is the 98th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £179k more expensive than the average property in SW19.
Flat 2, 54, Ridgway, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Mar 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 2, 54, Ridgway, London is Wimbledon station which is 900 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, 54, Ridgway, London, 62.2% of property is privately owned outright and 21.4% 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, 54, Ridgway, London, 17.7% of residents are recorded as possessing school level qualifications and 69.7% 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, 54, Ridgway, London, the average age was 45.9 and the most common age was 47.
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, 54, Ridgway, London, 13.0% 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, 54, Ridgway, London, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.