According to the public record, Flat 3, Tanhurst House, London is a mid-century leasehold apartment with 578 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Tanhurst House, Redlands Way, London, SW2.
Redlands Way, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 3, Tanhurst House, London has 2 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated July 2011.
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 Tanhurst House London as £297,240 and the rental value as £1,623 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 3 Tanhurst House London has increased by £2,368 (0.8%) and its rental value has increased by £20 per month (1.2%).
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, Tanhurst House, London is in very good condition we estimate a sale value of £312,102 and rental value of £1,704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,433 and a rental value of £1,510 per month.
If you were able to purchase this property for the estimated value of £297,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,461 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, Tanhurst House, London was last sold on 10 Oct 2014 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2014, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Tanhurst House, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 33, Tanhurst House, Redlands Way, London, SW2 3LS, a Leasehold flat which sold for £317,500 in Nov 2023.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 3, Tanhurst House, London within a radius of 300 metres over the last 2 years.
Most recently Flat 19, Christchurch House, Christchurch Road, London, SW2 3UA, a Leasehold flat let by Your Home Managed in May 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redlands Way, London, SW2 has a total of 163 addresses. According to our analysis of all the public data, Flat 3, Tanhurst House, London is the 148th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in SW2.
Flat 3, Tanhurst House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 3, Tanhurst House, London is Streatham Hill station which is 1.0 kilometres 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, Tanhurst House, London, 62.3% of property is socially rented and 16.7% 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, Tanhurst House, London, 25.5% of residents are recorded as possessing school level qualifications and 40.8% 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, Tanhurst House, 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, Tanhurst House, 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, Tanhurst House, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.