According to the public record, Flat 9, Rundell Tower, London is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rundell Tower, Portland Grove, London, SW8.
Portland Grove, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 9, Rundell Tower, London has a single entry in the Land Registry database from March 2008 and a single entry in the EPC database dated September 2021.
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 9 Rundell Tower London as £246,227 and the rental value as £1,345 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 9 Rundell Tower London has increased by £3,648 (1.5%) and its rental value has increased by £55 per month (4.1%).
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 9, Rundell Tower, London is in very good condition we estimate a sale value of £258,538 and rental value of £1,412 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,991 and a rental value of £1,251 per month.
If you were able to purchase this property for the estimated value of £246,227, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,210 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 9, Rundell Tower, London was last sold on 14 Mar 2008 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 67.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Rundell Tower, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 7, Kelvedon House, Guildford Road, London, SW8 2DN, a Leasehold flat which sold for £267,000 in Jan 2023.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Grove, London, SW8 has a total of 231 addresses. According to our analysis of all the public data, Flat 9, Rundell Tower, London is the 139th largest and the 165th most expensive property on the street.
When compared to the postcode district it is £337k less expensive than the average property in SW8.
Flat 9, Rundell Tower, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 9, Rundell Tower, London is Stockwell station which is 500 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 9, Rundell Tower, London, 67.1% of property is socially rented and 12.9% 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 9, Rundell Tower, London, 27.6% of residents are recorded as possessing school level qualifications and 35.6% 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 9, Rundell Tower, London, the average age was 37.4 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 9, Rundell Tower, 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 9, Rundell Tower, 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.