According to the public record, Flat 5, Walters House 1423A, London is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Walters House, London Road, London, SW16.
London Road, London, SW16 is located in the borough of Croydon within the SW16 postal district.
Flat 5, Walters House 1423A, London has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated May 2015.
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 5 Walters House 1423A London as £285,372 and the rental value as £1,394 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 5 Walters House 1423A London has increased by £11,765 (4.1%) and its rental value has increased by £69 per month (4.9%).
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 5, Walters House 1423A, London is in very good condition we estimate a sale value of £299,641 and rental value of £1,463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,396 and a rental value of £1,296 per month.
If you were able to purchase this property for the estimated value of £285,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,403 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 5, Walters House 1423A, London was last sold on 20 Nov 2015 for £269,150 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Walters House 1423A, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 2, 23, Norbury Crescent, London, SW16 4JS, a Leasehold flat which sold for £275,000 in Mar 2018.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, London, SW16 has a total of 1126 addresses. According to our analysis of all the public data, Flat 5, Walters House 1423A, London is the 874th largest and the 669th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in SW16.
Flat 5, Walters House 1423A, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Walters House 1423A, London is Norbury station which is 300 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 5, Walters House 1423A, London, 38.2% of property is privately rented and 25.0% 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 5, Walters House 1423A, London, 21.3% of residents are recorded as possessing school level qualifications and 49.8% 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 5, Walters House 1423A, London, the average age was 39.3 and the most common age was 32.
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 5, Walters House 1423A, London, 0.8% 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 5, Walters House 1423A, 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.