According to the public record, Flat 25, Shore House 8, London is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
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 25, Shore House 8, London has 41 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated November 2023.
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 25 Shore House 8 London as £336,986 and the rental value as £1,841 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 25 Shore House 8 London has increased by £6,924 (2.1%) and its rental value has increased by £70 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 25, Shore House 8, London is in very good condition we estimate a sale value of £353,836 and rental value of £1,933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,397 and a rental value of £1,712 per month.
If you were able to purchase this property for the estimated value of £336,986, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,656 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 25, Shore House 8, London was last sold on 07 May 2021 for £332,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2021, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 25, 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 25, 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 25, Shore House 8, London is the 94th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in SW8.
Flat 25, Shore House 8, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2023.
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 25, 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 25, 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 25, 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 25, 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 25, 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 25, 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.