According to the public record, Second Floor Flat, 30, Richborne Terrace, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 580 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 30, Richborne Terrace, London, SW8.
Richborne Terrace, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Second Floor Flat, 30, Richborne Terrace, London has 31 entries in the Land Registry database, most recently in July 2007 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 Second Floor Flat 30 Richborne Terrace London as £450,347 and the rental value as £2,489 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Second Floor Flat 30 Richborne Terrace London has increased by £3,203 (0.7%) and its rental value has increased by £107 per month (4.3%).
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 Second Floor Flat, 30, Richborne Terrace, London is in very good condition we estimate a sale value of £472,864 and rental value of £2,613 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,823 and a rental value of £2,315 per month.
If you were able to purchase this property for the estimated value of £450,347, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,213 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, Second Floor Flat, 30, Richborne Terrace, London was last sold on 23 Jul 2007 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2007, the market for similar properties has risen 61.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 30, Richborne Terrace, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat B, 86, Fentiman Road, London, SW8 1LA, a Leasehold flat which sold for £430,000 in Sep 2023.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richborne Terrace, London, SW8 has a total of 263 addresses. According to our analysis of all the public data, Second Floor Flat, 30, Richborne Terrace, London is the 200th largest and the 165th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in SW8.
The closest station to Second Floor Flat, 30, Richborne Terrace, London is Oval station which is 400 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 Second Floor Flat, 30, Richborne Terrace, London, 32.1% of property is privately rented and 24.8% 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 Second Floor Flat, 30, Richborne Terrace, London, 15.7% of residents are recorded as possessing school level qualifications and 60.5% 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 Second Floor Flat, 30, Richborne Terrace, London, the average age was 36.1 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 Second Floor Flat, 30, Richborne Terrace, London, 5.2% 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 Second Floor Flat, 30, Richborne Terrace, 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.