According to the public record, Flat 4, Homestead House 112, London is a early-century leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Homestead House, Gibsons Hill, London, SW16.
Gibsons Hill, London, SW16 is located in the borough of Croydon within the SW16 postal district.
Flat 4, Homestead House 112, London has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated November 2022.
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 4 Homestead House 112 London as £672,582 and the rental value as £2,950 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 4 Homestead House 112 London has increased by £22,724 (3.4%) and its rental value has increased by £142 per month (4.8%).
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 4, Homestead House 112, London is in very good condition we estimate a sale value of £706,211 and rental value of £3,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £625,501 and a rental value of £2,744 per month.
If you were able to purchase this property for the estimated value of £672,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,306 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 4, Homestead House 112, London was last sold on 27 Jan 2023 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 4, Homestead House 112, London within a radius of 550 metres over the last 2 years.
The most recent example is Flat 7, Homestead House 112, Gibsons Hill, London, SW16 3ER, a Leasehold flat which sold for £600,000 in Jan 2023.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibsons Hill, London, SW16 has a total of 122 addresses. According to our analysis of all the public data, Flat 4, Homestead House 112, London is the 76th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in SW16.
Flat 4, Homestead House 112, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and radiators.
The closest station to Flat 4, Homestead House 112, London is Norbury station which is 1.3 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 4, Homestead House 112, London, 41.4% of property is privately rented and 33.3% 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 4, Homestead House 112, London, 19.8% of residents are recorded as possessing school level qualifications and 46.4% 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 4, Homestead House 112, London, the average age was 40 and the most common age was 42.
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 4, Homestead House 112, London, 0.9% 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 4, Homestead House 112, 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.