According to the public record, Flat 48, 39, Effra Parade, London is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 39, Effra Parade, London, SW2.
Effra Parade, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Flat 48, 39, Effra Parade, London has 3 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated August 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 48 39 Effra Parade London as £374,037 and the rental value as £1,687 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 48 39 Effra Parade London has increased by £5,474 (1.5%) and its rental value has increased by £59 per month (3.5%).
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 48, 39, Effra Parade, London is in very good condition we estimate a sale value of £392,739 and rental value of £1,772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,855 and a rental value of £1,569 per month.
If you were able to purchase this property for the estimated value of £374,037, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,838 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 48, 39, Effra Parade, London was last sold on 09 Dec 2022 for £366,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 48, 39, Effra Parade, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 72, 39, Effra Parade, London, SW2 1PG, a Leasehold flat which sold for £300,000 in Dec 2022.
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 of a property similar to Flat 48, 39, Effra Parade, London within a radius of 290 metres over the last 2 years.
Most recently Flat 14, 39, Effra Parade, London, SW2 1PG, a Leasehold flat let by Your Home Managed in Sep 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Effra Parade, London, SW2 has a total of 251 addresses. According to our analysis of all the public data, Flat 48, 39, Effra Parade, London is the 165th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in SW2.
Flat 48, 39, Effra Parade, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 48, 39, Effra Parade, London is Brixton station which is 700 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 48, 39, Effra Parade, 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 48, 39, Effra Parade, 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 48, 39, Effra Parade, London, the average age was 35.7 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 48, 39, Effra Parade, 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 48, 39, Effra Parade, 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.