According to the public record, Flat 3, 3, Rita Road, London is a period apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Rita Road, London, SW8.
Rita Road, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 3, 3, Rita Road, London has no records in the Land Registry database and a single entry in the EPC database dated May 2022.
We combine this information with public data 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 3 3 Rita Road London as £460,999 and the rental value as £2,504 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 3 3 Rita Road London has increased by £799 (0.2%) and its rental value has increased by £104 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 3, 3, Rita Road, London is in very good condition we estimate a sale value of £484,049 and rental value of £2,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,729 and a rental value of £2,328 per month.
If you were able to purchase this property for the estimated value of £460,999, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,266 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 3, Rita Road, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 2, 3, Rita Road, London, SW8 1JX, a Leasehold flat which sold for £411,000 in Jul 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 1 let within a 240 metres radius of Flat 3, 3, Rita Road, London over the last 2 years.
Most recently Flat 25, 6, Exchange Gardens, London, SW8 1DF, a Leasehold flat let by London Property Management in Sep 2021.
Rita Road, London, SW8 has a total of 117 addresses. According to our analysis of all the public data, Flat 3, 3, Rita Road, London is the 47th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in SW8.
Flat 3, 3, Rita Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2022.
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 3, 3, Rita Road, London is Vauxhall station which is 500 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, 3, Rita Road, London, 57.0% of property is privately rented and 18.8% is socially 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 3, 3, Rita Road, London, 11.2% of residents are recorded as possessing school level qualifications and 62.3% 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, 3, Rita Road, 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 3, 3, Rita Road, London, 2.6% 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 3, 3, Rita Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.