According to the public record, Flat 3, 7A, Heather Close, London is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 7A, Heather Close, London, SW8.
Heather Close, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 3, 7A, Heather Close, London has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated January 2016.
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 7A Heather Close London as £488,567 and the rental value as £2,653 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 3 7A Heather Close London has increased by £10,039 (2.1%) and its rental value has increased by £100 per month (3.8%).
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 3, 7A, Heather Close, London is in very good condition we estimate a sale value of £512,995 and rental value of £2,786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,367 and a rental value of £2,468 per month.
If you were able to purchase this property for the estimated value of £488,567, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,401 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, 7A, Heather Close, London was last sold on 08 Jul 2016 for £510,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 7A, Heather Close, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 2, 7A, Heather Close, London, SW8 3BS, a Leasehold flat which sold for £532,000 in Aug 2023.
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 2 lets within a 280 metres radius of Flat 3, 7A, Heather Close, London over the last 2 years.
Most recently 7, Tessa Sanderson Place, London, SW8 3DG, a Leasehold flat let by Your Home Managed in Feb 2024.
Heather Close, London, SW8 has a total of 144 addresses. According to our analysis of all the public data, Flat 3, 7A, Heather Close, London is the 87th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in SW8.
Flat 3, 7A, Heather Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jan 2016.
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, 7A, Heather Close, London is Queenstown Road (Battersea) 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 3, 7A, Heather Close, London, 68.3% of property is socially rented and 10.9% 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, 7A, Heather Close, London, 12.5% of residents are recorded as possessing school level qualifications and 38.1% 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, 7A, Heather Close, 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, 7A, Heather Close, London, 0.0% 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, 7A, Heather Close, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.