According to the public record, Flat 26, Molasses House, London is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Molasses House, Clove Hitch Quay, London, SW11.
Clove Hitch Quay, London, SW11 is located in the borough of Wandsworth within the SW11 postal district.
Flat 26, Molasses House, London has 21 entries in the Land Registry database, most recently in December 2006 and a single entry in the EPC database dated February 2020.
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 Molasses House London as £643,875 and the rental value as £2,925 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 26 Molasses House London has increased by £10,444 (1.6%) and its rental value has increased by £122 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 26, Molasses House, London is in very good condition we estimate a sale value of £676,069 and rental value of £3,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £598,804 and a rental value of £2,720 per month.
If you were able to purchase this property for the estimated value of £643,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,164 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, Molasses House, London was last sold on 20 Dec 2006 for £327,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 26, Molasses House, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 7, Candlemakers Apartments 112, York Road, London, SW11 3RS, a Leasehold flat which sold for £625,000 in Sep 2023.
Read more about house prices in SW11.
*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 26, Molasses House, London over the last 2 years.
Most recently Flat 7, Sailmakers Court, William Morris Way, London, SW6 2UX, a Leasehold flat let by Leslie & Co in May 2023.
Clove Hitch Quay, London, SW11 has a total of 120 addresses. According to our analysis of all the public data, Flat 26, Molasses House, London is the 75th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in SW11.
Flat 26, Molasses House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 26, Molasses House, London is Imperial Wharf station which is 800 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, Molasses House, London, 45.7% of property is privately rented and 28.6% 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 26, Molasses House, London, 7.6% of residents are recorded as possessing school level qualifications and 76.5% 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, Molasses House, London, the average age was 35.6 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, Molasses House, London, 4.3% 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 26, Molasses House, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.