According to the public record, Flat 21, Erica Court, London is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Erica Court, Binfield Road, London, SW4.
Binfield Road, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
Flat 21, Erica Court, London has 21 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated April 2021.
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 21 Erica Court London as £356,430 and the rental value as £1,778 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 21 Erica Court London has increased by £3,443 (1.0%) and its rental value has increased by £57 per month (3.2%).
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 21, Erica Court, London is in very good condition we estimate a sale value of £374,252 and rental value of £1,867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,480 and a rental value of £1,654 per month.
If you were able to purchase this property for the estimated value of £356,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,752 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 21, Erica Court, London was last sold on 15 Mar 2022 for £367,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, Erica Court, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 12, Marshall Court, Studley Road, London, SW4 6RT, a Leasehold flat which sold for £350,000 in May 2024.
Read more about house prices in SW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Binfield Road, London, SW4 has a total of 368 addresses. According to our analysis of all the public data, Flat 21, Erica Court, London is the 233rd largest and the 180th most expensive property on the street.
When compared to the postcode district it is £391k less expensive than the average property in SW4.
Flat 21, Erica Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2021.
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 21, Erica Court, London is Stockwell 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 21, Erica Court, London, 37.0% of property is privately rented and 26.0% is socially 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 21, Erica Court, London, 14.5% of residents are recorded as possessing school level qualifications and 56.0% 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 21, Erica Court, 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 21, Erica Court, London, 1.0% 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 21, Erica Court, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.