According to the public record, Flat B, 651, Garratt Lane, London is a period leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 651, Garratt Lane, London, SW17.
Garratt Lane, London, SW17 is located in the borough of Wandsworth within the SW17 postal district.
Flat B, 651, Garratt Lane, London has a single entry in the Land Registry database from September 2010 and a single entry in the EPC database dated May 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 B 651 Garratt Lane London as £250,753 and the rental value as £1,239 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat B 651 Garratt Lane London has increased by £11,493 (4.6%) and its rental value has increased by £74 per month (6.0%).
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 B, 651, Garratt Lane, London is in very good condition we estimate a sale value of £263,291 and rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,201 and a rental value of £1,152 per month.
If you were able to purchase this property for the estimated value of £250,753, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,232 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 B, 651, Garratt Lane, London was last sold on 20 Sep 2010 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 68.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat B, 651, Garratt Lane, London within a radius of 410 metres over the last 2 years.
The most recent example is 655B , Garratt Lane, London, SW17 0PB, a Leasehold flat which sold for £225,000 in Jan 2015.
Read more about house prices in SW17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 410 metres radius of Flat B, 651, Garratt Lane, London over the last 2 years.
Most recently 11, Harper Mews, London, SW17 0JP, a Freehold house let by Your Home Managed in Dec 2022.
Garratt Lane, London, SW17 has a total of 910 addresses. According to our analysis of all the public data, Flat B, 651, Garratt Lane, London is the 884th largest and the 900th most expensive property on the street.
When compared to the postcode district it is £428k less expensive than the average property in SW17.
Flat B, 651, Garratt Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 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 B, 651, Garratt Lane, London is Earlsfield station which is 700 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 B, 651, Garratt Lane, London, 53.6% of property is privately rented and 30.0% 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 B, 651, Garratt Lane, London, 16.8% of residents are recorded as possessing school level qualifications and 66.4% 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 B, 651, Garratt Lane, London, the average age was 33.7 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 B, 651, Garratt Lane, London, 1.1% 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 B, 651, Garratt Lane, 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.