According to the public record, Flat 24, Shore House 8, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 718 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Shore House, Heather Close, London, SW8.
Heather Close, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 24, Shore House 8, London has a single entry in the Land Registry database from March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 24 Shore House 8 London as £364,580 and the rental value as £1,942 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 24 Shore House 8 London has increased by £7,491 (2.1%) and its rental value has increased by £73 per month (3.8%).
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 24, Shore House 8, London is in very good condition we estimate a sale value of £382,809 and rental value of £2,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,059 and a rental value of £1,806 per month.
If you were able to purchase this property for the estimated value of £364,580, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,792 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 24, Shore House 8, London was last sold on 13 Mar 2008 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 62.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Shore House 8, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 22, Sharp House 6, Heather Close, London, SW8 3BT, a Leasehold flat which sold for £323,750 in Jun 2022.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 280 metres radius of Flat 24, Shore House 8, London over the last 2 years.
Most recently Flat 2, 38, Garfield Road, London, SW11 5PN, a Leasehold flat let by Your Home Managed in Apr 2024.
Heather Close, London, SW8 has a total of 144 addresses. According to our analysis of all the public data, Flat 24, Shore House 8, London is the 52nd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in SW8.
The closest station to Flat 24, Shore House 8, London is Queenstown Road (Battersea) station which is 900 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 24, Shore House 8, London, 37.8% of property is socially rented and 37.8% is privately 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 24, Shore House 8, London, 16.4% of residents are recorded as possessing school level qualifications and 53.0% 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 24, Shore House 8, London, the average age was 36.3 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 24, Shore House 8, London, 1.6% 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 24, Shore House 8, 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.