According to the public record, Flat 40, Tanhurst House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 621 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
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 40, Tanhurst House, London has a single entry in the Land Registry database from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 40 Tanhurst House London as £309,573 and the rental value as £1,677 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 40 Tanhurst House London has increased by £2,466 (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 40, Tanhurst House, London is in very good condition we estimate a sale value of £325,052 and rental value of £1,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,903 and a rental value of £1,559 per month.
If you were able to purchase this property for the estimated value of £309,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,521 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 40, Tanhurst House, London was last sold on 20 Sep 2007 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 68.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, 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 within a 300 metres radius of Flat 40, Tanhurst House, London 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.
Redlands Way, London, SW2 has a total of 163 addresses. According to our analysis of all the public data, Flat 40, Tanhurst House, London is the 131st largest and the 107th most expensive property on the street.
When compared to the postcode district it is £242k less expensive than the average property in SW2.
The closest station to Flat 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.