According to the public record, Flat 23, Cherry Close, London is a early-century apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and garden.
The apartment is in Cherry Close, Tulse Hill, London, SW2.
Tulse Hill, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 23, Cherry Close, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 2017.
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 23 Cherry Close London as £460,351 and the rental value as £2,469 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 23 Cherry Close London has increased by £6,805 (1.5%) and its rental value has increased by £56 per month (2.3%).
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 23, Cherry Close, London is in very good condition we estimate a sale value of £483,368 and rental value of £2,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,126 and a rental value of £2,296 per month.
If you were able to purchase this property for the estimated value of £460,351, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,262 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 23, Cherry Close, London was last sold on 29 Oct 2004 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Cherry Close, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 16, 107, Tulse Hill, London, SW2 2QB, a Leasehold flat which sold for £465,000 in Oct 2023.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of Flat 23, Cherry Close, London over the last 2 years.
Most recently 19, Brockwell Park Row, London, SW2 2YJ, a Freehold house let by Your Home Managed in Nov 2023.
Tulse Hill, London, SW2 has a total of 1645 addresses. According to our analysis of all the public data, Flat 23, Cherry Close, London is the 176th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in SW2.
Flat 23, Cherry Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2017.
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 23, Cherry Close, London is Herne Hill station which is 1.0 kilometres 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 23, Cherry Close, London, 75.4% of property is socially rented and 10.9% 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 23, Cherry Close, London, 30.1% of residents are recorded as possessing school level qualifications and 33.8% 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 23, Cherry Close, London, the average age was 35 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 23, Cherry Close, London, 0.3% 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 23, Cherry Close, 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.