According to the public record, Flat 50, Rushton House, London is a early-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Rushton House, Albion Avenue, London, SW8.
Albion Avenue, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 50, Rushton House, London has 2 entries in the Land Registry database, most recently in August 2011 and a single entry in the EPC database dated March 2024.
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 50 Rushton House London as £299,087 and the rental value as £1,651 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 50 Rushton House London has increased by £6,945 (2.3%) and its rental value has increased by £60 per month (3.7%).
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 50, Rushton House, London is in very good condition we estimate a sale value of £314,041 and rental value of £1,733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,151 and a rental value of £1,535 per month.
If you were able to purchase this property for the estimated value of £299,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,470 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 50, Rushton House, London was last sold on 31 Aug 2011 for £238,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2011, the market for similar properties has risen 62.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, Rushton House, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 13, Kneller House, Union Grove, London, SW8 2RR, a Leasehold flat which sold for £325,000 in Oct 2022.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Avenue, London, SW8 has a total of 410 addresses. According to our analysis of all the public data, Flat 50, Rushton House, London is the 401st largest and the 407th most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in SW8.
Flat 50, Rushton House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2024.
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 50, Rushton House, London is Wandsworth Road station which is 200 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 50, Rushton House, London, 69.0% of property is socially rented and 17.7% 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 50, Rushton House, London, 29.9% of residents are recorded as possessing school level qualifications and 40.1% 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 50, Rushton House, London, the average age was 33.9 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 50, Rushton 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 50, Rushton 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.