According to the public record, Flat 28, Cranmer House 60, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 633 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cranmer House, Surrey Lane, London, SW11.
Surrey Lane, London, SW11 is located in the borough of Wandsworth within the SW11 postal district.
Flat 28, Cranmer House 60, London has a single entry in the Land Registry database from January 2009 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 28 Cranmer House 60 London as £229,852 and the rental value as £1,899 per month giving an expected gross yield of 9.9%.
Over the last 12 months the sale value of Flat 28 Cranmer House 60 London has increased by £6,135 (2.7%) and its rental value has increased by £110 per month (5.8%).
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 28, Cranmer House 60, London is in very good condition we estimate a sale value of £241,345 and rental value of £1,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,763 and a rental value of £1,766 per month.
If you were able to purchase this property for the estimated value of £229,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,130 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 28, Cranmer House 60, London was last sold on 07 Jan 2009 for £122,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2009, the market for similar properties has risen 72.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 28, Cranmer House 60, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 50, Compton House 33, Parkham Street, London, SW11 3JL, a Leasehold flat which sold for £235,000 in Jun 2023.
Read more about house prices in SW11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Surrey Lane, London, SW11 has a total of 445 addresses. According to our analysis of all the public data, Flat 28, Cranmer House 60, London is the 271st largest and the 305th most expensive property on the street.
When compared to the postcode district it is £565k less expensive than the average property in SW11.
The closest station to Flat 28, Cranmer House 60, 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 28, Cranmer House 60, London, 77.3% of property is socially rented and 10.7% 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 28, Cranmer House 60, London, 28.2% of residents are recorded as possessing school level qualifications and 34.0% 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 28, Cranmer House 60, London, the average age was 36 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 28, Cranmer House 60, 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 28, Cranmer House 60, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.