According to the public record, Flat 21, Irene House 218, London is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Irene House, Balham High Road, London, SW12.
Balham High Road, London, SW12 is located in the borough of Wandsworth within the SW12 postal district.
Flat 21, Irene House 218, London has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated June 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 good condition, we estimate the current sale value for Flat 21 Irene House 218 London as £366,516 and the rental value as £1,497 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 21 Irene House 218 London has increased by £4,641 (1.3%) and its rental value has increased by £63 per month (4.2%).
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, Irene House 218, London is in very good condition we estimate a sale value of £384,842 and rental value of £1,572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,860 and a rental value of £1,393 per month.
If you were able to purchase this property for the estimated value of £366,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,801 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, Irene House 218, London was last sold on 18 Feb 2022 for £344,602 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, Irene House 218, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 22, Irene House 218, Balham High Road, London, SW12 9BF, a Leasehold flat which sold for £365,000 in Jun 2024.
Read more about house prices in SW12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balham High Road, London, SW12 has a total of 488 addresses. According to our analysis of all the public data, Flat 21, Irene House 218, London is the 398th largest and the 312th most expensive property on the street.
When compared to the postcode district it is £511k less expensive than the average property in SW12.
Flat 21, Irene House 218, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 21, Irene House 218, London is Balham 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 21, Irene House 218, London, 65.8% of property is privately rented and 16.7% 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 21, Irene House 218, London, 2.0% of residents are recorded as possessing school level qualifications and 78.7% 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, Irene House 218, London, the average age was 37.1 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, Irene House 218, London, 0.5% 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, Irene House 218, 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.