According to the public record, Flat 26, Bishops House 200, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Bishops House, South Lambeth Road, London, SW8.
South Lambeth Road, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 26, Bishops House 200, London has 61 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated October 2019.
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 26 Bishops House 200 London as £333,897 and the rental value as £1,849 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 26 Bishops House 200 London has increased by £1,499 (0.4%) and its rental value has increased by £82 per month (4.4%).
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 26, Bishops House 200, London is in very good condition we estimate a sale value of £350,592 and rental value of £1,942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,524 and a rental value of £1,720 per month.
If you were able to purchase this property for the estimated value of £333,897, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,641 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 26, Bishops House 200, London was last sold on 31 Jan 2022 for £359,950 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 26, Bishops House 200, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 61, Victoria Mansions, South Lambeth Road, London, SW8 1QU, a Leasehold flat which sold for £350,000 in Oct 2023.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Lambeth Road, London, SW8 has a total of 1104 addresses. According to our analysis of all the public data, Flat 26, Bishops House 200, London is the 612th largest and the 895th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in SW8.
Flat 26, Bishops House 200, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2019.
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 26, Bishops House 200, London is Nine Elms station which is 300 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 26, Bishops House 200, London, 51.4% of property is socially rented and 30.2% 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 26, Bishops House 200, London, 14.9% of residents are recorded as possessing school level qualifications and 55.4% 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 26, Bishops House 200, London, the average age was 35.3 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 26, Bishops House 200, London, 0.6% 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 26, Bishops House 200, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.