As updated by Orlando Reid in Jan 2023, Flat 3, 56, The Chase, London is a leasehold apartment with 655 ft2 of internal area comprising 2 bedrooms .
This property has a long lease.
The apartment is in 56, The Chase, London, SW4.
The Chase, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
Based on both the data supplied by Orlando Reid and the public information available in the area, we estimate the current sale value for Flat 3 56 The Chase London as £547,816 and the rental value as £2,340 per month giving an expected gross yield of 5.1%.
Orlando Reid described the decorative condition as fair in Jan 2023.
Over the last 12 months the sale value of Flat 3 56 The Chase London has increased by £3,392 (0.6%) and its rental value has increased by £46 per month (2.0%).
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, 56, The Chase, London is in very good condition we estimate a sale value of £575,206 and rental value of £2,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,468 and a rental value of £2,176 per month.
If you were able to purchase this property for the estimated value of £547,816, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,692 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 Orlando Reid and HM Land Registry, Flat 3, 56, The Chase, London was last sold on 04 Jul 2023 for £560,000 and was recorded as a leasehold flat.
The selling agent was Orlando Reid. The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 56, The Chase, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 8, 64, The Chase, London, SW4 0NH, a Leasehold flat which sold for £565,000 in Jan 2023.
Read more about house prices in SW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Chase, London, SW4 has a total of 212 addresses. According to our analysis of all the public data, Flat 3, 56, The Chase, London is the 139th largest and the 166th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in SW4.
Flat 3, 56, The Chase, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Oct 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 56, The Chase, London is Clapham Common station which is 600 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, 56, The Chase, London, 28.7% of property is socially rented and 27.9% 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 3, 56, The Chase, London, 21.1% of residents are recorded as possessing school level qualifications and 61.8% 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, 56, The Chase, London, the average age was 36.3 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, 56, The Chase, London, 1.8% 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, 56, The Chase, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.