According to the public record, Flat 2, Effingham House, London is a early-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in Effingham House, Albion Avenue, London, SW8.
Albion Avenue, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 2, Effingham House, London has 41 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated September 2013.
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 Effingham House London as £378,013 and the rental value as £2,080 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 2 Effingham House London has increased by £10,067 (2.7%) and its rental value has increased by £83 per month (4.0%).
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, Effingham House, London is in very good condition we estimate a sale value of £396,914 and rental value of £2,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,552 and a rental value of £1,935 per month.
If you were able to purchase this property for the estimated value of £378,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,858 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, Effingham House, London was last sold on 27 Oct 2023 for £380,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Effingham House, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 4, Raleigh House, Albion Avenue, London, SW8 2AF, a Leasehold flat which sold for £373,000 in Dec 2023.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Avenue, London, SW8 has a total of 410 addresses. According to our analysis of all the public data, Flat 2, Effingham House, London is the 399th largest and the 322nd most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in SW8.
Flat 2, Effingham House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, Effingham House, London is Wandsworth Road station which is 200 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, Effingham House, London, 54.4% of property is socially rented and 24.6% is privately 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, Effingham House, London, 20.2% of residents are recorded as possessing school level qualifications and 59.8% 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, Effingham House, London, the average age was 33.9 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, Effingham House, London, 0.7% 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, Effingham House, 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.