According to the public record, Flat 2, Somerset Place 10, London is a modern apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Somerset Place, Brixton Hill, London, SW2.
Brixton Hill, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 2, Somerset Place 10, London has no records in the Land Registry database and a single entry in the EPC database dated October 2018.
We combine this information with public data 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 Somerset Place 10 London as £628,131 and the rental value as £2,608 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 2 Somerset Place 10 London has increased by £5,347 (0.9%) and its rental value has increased by £48 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, Somerset Place 10, London is in very good condition we estimate a sale value of £659,538 and rental value of £2,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £584,162 and a rental value of £2,425 per month.
If you were able to purchase this property for the estimated value of £628,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,087 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Somerset Place 10, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 13, Somerset Place 10, Brixton Hill, London, SW2 1EG, a Leasehold flat which sold for £615,000 in Feb 2024.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brixton Hill, London, SW2 has a total of 1131 addresses. According to our analysis of all the public data, Flat 2, Somerset Place 10, London is the 200th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in SW2.
Flat 2, Somerset Place 10, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 2, Somerset Place 10, London is Brixton 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, Somerset Place 10, London, 40.7% of property is socially rented and 27.2% 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, Somerset Place 10, London, 23.7% of residents are recorded as possessing school level qualifications and 64.9% 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, Somerset Place 10, London, the average age was 35.4 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, Somerset Place 10, London, 0.6% 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, Somerset Place 10, 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.