According to the public record, Flat 55, The Academy 20, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,178 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Academy, Lawn Lane, London, SW8.
Lawn Lane, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 55, The Academy 20, London has 21 entries in the Land Registry database, most recently in June 2008 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 55 The Academy 20 London as £857,604 and the rental value as £4,036 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 55 The Academy 20 London has decreased by £9,096 (1.1%) and its rental value has increased by £111 per month (2.7%).
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 55, The Academy 20, London is in very good condition we estimate a sale value of £900,485 and rental value of £4,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £797,572 and a rental value of £3,753 per month.
If you were able to purchase this property for the estimated value of £857,604, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,215 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 55, The Academy 20, London was last sold on 17 Jun 2008 for £760,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2008, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 55, The Academy 20, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 5, The Academy 20, Lawn Lane, London, SW8 1GA, a Leasehold flat which sold for £680,000 in Sep 2023.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lawn Lane, London, SW8 has a total of 182 addresses. According to our analysis of all the public data, Flat 55, The Academy 20, London is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £275k more expensive than the average property in SW8.
The closest station to Flat 55, The Academy 20, London is Vauxhall 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 55, The Academy 20, London, 35.7% of property is socially rented and 32.4% 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 55, The Academy 20, London, 11.3% of residents are recorded as possessing school level qualifications and 65.0% 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 55, The Academy 20, 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 55, The Academy 20, 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 55, The Academy 20, 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.