According to the public record, Flat 2, 87, Union Road, London is a period leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 87, Union Road, London, SW4.
Union Road, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
Flat 2, 87, Union Road, London has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated September 2022.
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 87 Union Road London as £374,983 and the rental value as £1,764 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 87 Union Road London has increased by £7,508 (2.0%) and its rental value has increased by £55 per month (3.1%).
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, 87, Union Road, London is in very good condition we estimate a sale value of £393,732 and rental value of £1,852 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,734 and a rental value of £1,640 per month.
If you were able to purchase this property for the estimated value of £374,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,843 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, 87, Union Road, London was last sold on 10 Nov 2014 for £419,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 87, Union Road, London within a radius of 300 metres over the last 2 years.
The most recent example is First Floor Flat, 47, Bromfelde Road, London, SW4 6PP, a Leasehold flat which sold for £400,000 in Aug 2023.
Read more about house prices in SW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 300 metres radius of Flat 2, 87, Union Road, London over the last 2 years.
Most recently Flat 3, 23, Chelsham Road, London, SW4 6NR, a Leasehold flat let by Your Home Managed in Dec 2023.
Union Road, London, SW4 has a total of 140 addresses. According to our analysis of all the public data, Flat 2, 87, Union Road, London is the 133rd largest and the 134th most expensive property on the street.
When compared to the postcode district it is £373k less expensive than the average property in SW4.
Flat 2, 87, Union Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Sep 2022.
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, 87, Union Road, London is Wandsworth Road 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, 87, Union Road, London, 38.9% of property is privately rented and 27.0% 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, 87, Union Road, London, 19.9% of residents are recorded as possessing school level qualifications and 76.4% 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, 87, Union Road, London, the average age was 34.9 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, 87, Union Road, London, 5.1% 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, 87, Union Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.