According to the public record, Flat 406, Zachary House 6, London is a modern leasehold apartment with 499 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Zachary House, Lett Road, London, SW9.
Lett Road, London, SW9 is located in the borough of Lambeth within the SW9 postal district.
Flat 406, Zachary House 6, London has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated January 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 406 Zachary House 6 London as £479,577 and the rental value as £2,196 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 406 Zachary House 6 London has increased by £2,414 (0.5%) and its rental value has increased by £37 per month (1.7%).
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 406, Zachary House 6, London is in very good condition we estimate a sale value of £503,556 and rental value of £2,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,007 and a rental value of £2,043 per month.
If you were able to purchase this property for the estimated value of £479,577, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,357 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 406, Zachary House 6, London was last sold on 27 Aug 2019 for £625,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 406, Zachary House 6, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 109, Grant House 90, Liberty Street, London, SW9 0BZ, a Leasehold flat which sold for £415,000 in Apr 2024.
Read more about house prices in SW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 250 metres radius of Flat 406, Zachary House 6, London over the last 2 years.
Most recently 45, Liberty Street, London, SW9 0EF, a Leasehold flat let by Your Home Managed in Jan 2024.
Lett Road, London, SW9 has a total of 76 addresses. According to our analysis of all the public data, Flat 406, Zachary House 6, London is the 61st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in SW9.
Flat 406, Zachary House 6, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jan 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme, biomass and mains gas.
The closest station to Flat 406, Zachary House 6, London is Stockwell station which is 600 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 406, Zachary House 6, London, 60.0% of property is socially rented and 16.8% 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 406, Zachary House 6, London, 21.2% of residents are recorded as possessing school level qualifications and 39.3% 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 406, Zachary House 6, London, the average age was 35 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 406, Zachary House 6, London, 1.0% 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 406, Zachary House 6, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.