According to the public record, Flat 4, Merstone House, London is a early-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Merstone House, Borrodaile Road, London, SW18.
Borrodaile Road, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
Flat 4, Merstone House, London has 3 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated July 2023.
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 Merstone House London as £398,584 and the rental value as £1,868 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 4 Merstone House London has increased by £9,598 (2.4%) and its rental value has increased by £109 per month (5.8%).
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, Merstone House, London is in very good condition we estimate a sale value of £418,514 and rental value of £1,962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,683 and a rental value of £1,738 per month.
If you were able to purchase this property for the estimated value of £398,584, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,959 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, Merstone House, London was last sold on 06 Dec 2023 for £475,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Merstone House, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 14, Merstone House, Borrodaile Road, London, SW18 2LF, a Leasehold flat which sold for £393,000 in May 2024.
Read more about house prices in SW18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Borrodaile Road, London, SW18 has a total of 97 addresses. According to our analysis of all the public data, Flat 4, Merstone House, London is the 44th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £398k less expensive than the average property in SW18.
Flat 4, Merstone House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2023.
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 4, Merstone House, London is Wandsworth Town station which is 900 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 4, Merstone House, London, 41.0% of property is privately rented and 25.9% 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 4, Merstone House, London, 18.8% of residents are recorded as possessing school level qualifications and 57.7% 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, Merstone House, London, the average age was 34.8 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 4, Merstone House, London, 0.3% 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, Merstone House, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.