According to the public record, Flat 38, 6, Exchange Gardens, London is a modern leasehold apartment with 1,377 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and roof terrace.
The apartment is in 6, Exchange Gardens, London, SW8.
Exchange Gardens, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 38, 6, Exchange Gardens, London has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated October 2018.
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 38 6 Exchange Gardens London as £1,332,797 and the rental value as £5,417 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 38 6 Exchange Gardens London has decreased by £26,574 (2.0%) and its rental value has increased by £107 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 38, 6, Exchange Gardens, London is in very good condition we estimate a sale value of £1,399,436 and rental value of £5,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,239,501 and a rental value of £5,038 per month.
If you were able to purchase this property for the estimated value of £1,332,797, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,550 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 38, 6, Exchange Gardens, London was last sold on 13 Dec 2018 for £1,469,650 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, 6, Exchange Gardens, London within a radius of 180 metres over the last 2 years.
The most recent example is Flat 48, 2, Exchange Gardens, London, SW8 1DF, a Leasehold flat which sold for £1,400,000 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 2 lets within a 180 metres radius of Flat 38, 6, Exchange Gardens, 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.
Exchange Gardens, London, SW8 has a total of 587 addresses. According to our analysis of all the public data, Flat 38, 6, Exchange Gardens, London is the 25th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £750k more expensive than the average property in SW8.
Flat 38, 6, Exchange Gardens, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 38, 6, Exchange Gardens, London is Nine Elms station which is 400 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 38, 6, Exchange Gardens, London, 47.8% of property is privately rented and 22.3% 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 38, 6, Exchange Gardens, London, 10.2% of residents are recorded as possessing school level qualifications and 79.0% 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 38, 6, Exchange Gardens, 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 38, 6, Exchange Gardens, London, 0.7% 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 38, 6, Exchange Gardens, 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.