According to the public record, Flat 3, 38, Franconia Road, London is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Franconia Road, London, SW4.
Franconia Road, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
Flat 3, 38, Franconia Road, London has 2 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated March 2024.
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 3 38 Franconia Road London as £476,704 and the rental value as £2,192 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 3 38 Franconia Road London has increased by £2,478 (0.5%) and its rental value has increased by £41 per month (1.9%).
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, 38, Franconia Road, London is in very good condition we estimate a sale value of £500,539 and rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £443,335 and a rental value of £2,038 per month.
If you were able to purchase this property for the estimated value of £476,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,343 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, 38, Franconia Road, London was last sold on 06 Dec 2019 for £449,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 38, Franconia Road, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 5, 89, Crescent Lane, London, SW4 9AW, a Leasehold flat which sold for £415,000 in Aug 2022.
Read more about house prices in SW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Franconia Road, London, SW4 has a total of 52 addresses. According to our analysis of all the public data, Flat 3, 38, Franconia Road, London is the 52nd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in SW4.
Flat 3, 38, Franconia Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2024.
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, 38, Franconia Road, London is Clapham Common station which is 700 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, 38, Franconia Road, London, 40.2% of property is privately owned with a mortgage and 29.1% is privately owned outright.
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, 38, Franconia Road, London, 22.7% of residents are recorded as possessing school level qualifications and 74.6% 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, 38, Franconia Road, London, the average age was 34.8 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, 38, Franconia Road, London, 1.6% 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, 38, Franconia Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.