According to the public record, Flat 2, Spur House 1, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Spur House, Milner Road, London, SW19.
Milner Road, London, SW19 is located in the borough of Merton within the SW19 postal district.
Flat 2, Spur House 1, London has 2 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated June 2016.
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 Spur House 1 London as £347,427 and the rental value as £1,739 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 2 Spur House 1 London has increased by £15,081 (4.3%) and its rental value has increased by £68 per month (3.9%).
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, Spur House 1, London is in very good condition we estimate a sale value of £364,798 and rental value of £1,826 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,107 and a rental value of £1,617 per month.
If you were able to purchase this property for the estimated value of £347,427, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,707 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, Spur House 1, London was last sold on 10 Oct 2019 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Spur House 1, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 12, Spur House 1, Milner Road, London, SW19 3BS, a Leasehold flat which sold for £370,000 in Jan 2017.
Read more about house prices in SW19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milner Road, London, SW19 has a total of 116 addresses. According to our analysis of all the public data, Flat 2, Spur House 1, London is the 110th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £515k less expensive than the average property in SW19.
Flat 2, Spur House 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2016.
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, Spur House 1, London is South Wimbledon station which is 100 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, Spur House 1, London, 41.2% of property is privately rented and 37.3% 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, Spur House 1, London, 11.3% of residents are recorded as possessing school level qualifications and 66.6% 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, Spur House 1, London, the average age was 35.6 and the most common age was 32.
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, Spur House 1, London, 1.3% 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, Spur House 1, 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.