According to the public record, Flat 3, 1067, Garratt Lane, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 518 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1067, Garratt Lane, London, SW17.
Garratt Lane, London, SW17 is located in the borough of Wandsworth within the SW17 postal district.
Flat 3, 1067, Garratt Lane, London has 21 entries in the Land Registry database, most recently in August 2014 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 3 1067 Garratt Lane London as £426,915 and the rental value as £1,949 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 3 1067 Garratt Lane London has increased by £19,860 (4.7%) and its rental value has increased by £97 per month (5.0%).
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 3, 1067, Garratt Lane, London is in very good condition we estimate a sale value of £448,260 and rental value of £2,046 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,031 and a rental value of £1,812 per month.
If you were able to purchase this property for the estimated value of £426,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,098 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 3, 1067, Garratt Lane, London was last sold on 21 Aug 2014 for £331,111 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2014, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 1067, Garratt Lane, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat C, 72, Gilbey Road, London, SW17 0QG, a Leasehold flat which sold for £350,000 in Oct 2022.
Read more about house prices in SW17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garratt Lane, London, SW17 has a total of 910 addresses. According to our analysis of all the public data, Flat 3, 1067, Garratt Lane, London is the 734th largest and the 398th most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in SW17.
The closest station to Flat 3, 1067, Garratt Lane, London is Tooting Broadway station which is 200 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 3, 1067, Garratt Lane, London, 50.0% of property is privately rented and 19.4% 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 3, 1067, Garratt Lane, London, 9.9% of residents are recorded as possessing school level qualifications and 58.4% 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 3, 1067, Garratt Lane, London, the average age was 34.2 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 3, 1067, Garratt Lane, London, 1.4% 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 3, 1067, Garratt Lane, 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.