As updated by Orlando Reid in Feb 2023, Flat A, 8, Petworth Street, London is a 108 year lease apartment with 702 ft2 of internal area comprising 2 bedrooms with a garden.
There are 108 years remaining on the lease.
The apartment is in 8, Petworth Street, London, SW11.
Petworth Street, London, SW11 is located in the borough of Wandsworth within the SW11 postal district.
Based on both the data supplied by Orlando Reid and the public information available in the area, we estimate the current sale value for Flat A 8 Petworth Street London as £573,279 and the rental value as £2,763 per month giving an expected gross yield of 5.8%.
Orlando Reid described the decorative condition as fair in Feb 2023.
Over the last 12 months the sale value of Flat A 8 Petworth Street London has increased by £8,979 (1.6%) and its rental value has increased by £116 per month (4.2%).
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 A, 8, Petworth Street, London is in very good condition we estimate a sale value of £601,943 and rental value of £2,901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £533,149 and a rental value of £2,569 per month.
If you were able to purchase this property for the estimated value of £573,279, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,817 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 Orlando Reid , Flat A, 8, Petworth Street, London was last sold on 15 Mar 2023 for an undisclosed price and was recorded as a leasehold flat.
The selling agent was Orlando Reid. The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 8, Petworth Street, London within a radius of 270 metres over the last 2 years.
The most recent example is 25A, Prince Of Wales Drive, London, SW11 4SD, a Leasehold flat which sold for £582,500 in Aug 2023.
Read more about house prices in SW11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Petworth Street, London, SW11 has a total of 38 addresses. According to our analysis of all the public data, Flat A, 8, Petworth Street, London is the 25th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in SW11.
Flat A, 8, Petworth Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat A, 8, Petworth Street, London is Imperial Wharf station which is 1.1 kilometres 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 A, 8, Petworth Street, London, 38.2% of property is privately rented and 25.4% is privately owned outright.
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 A, 8, Petworth Street, London, 18.8% of residents are recorded as possessing school level qualifications and 57.7% 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 A, 8, Petworth Street, London, the average age was 36 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 A, 8, Petworth Street, London, 3.2% 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 A, 8, Petworth Street, 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.