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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gresham Way is £265,484 and the estimated rental value is £1,227 per month.
Gresham Way, London, SW19 is located in the borough of Merton within the SW19 postal district.
2, Gresham Way has 31 entries in the Land Registry , most recently in February 2016 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, Gresham Way is in very good condition we estimate a sale value of £278,758 and a rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,900 and a rental value of £1,141 per month.
Over the last 12 months the sale value of 2 Gresham Way has increased by an estimated £885 (0.3%) and its rental value has increased by an estimated £82 per month (6.7%), giving an expected gross yield of 5.5%.
2, Gresham Way has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Gresham Way was last sold on 29th February 2016 for £268,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2016, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gresham Way within a radius of 540 metres over the last 2 years.
The most recent example is Flat 7, Field Court 3, Wellington Road, London, SW19 8EY, a leasehold flat which sold for £275,000 on the 15th August 2023.
Read more about house prices in SW19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Way, London, SW19 has a total of 36 addresses. According to our analysis of all the public data, 2, Gresham Way is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £564k less expensive than the average property in SW19.
The closest station to 2, Gresham Way is Wimbledon Park station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Gresham Way, 37.7% of property is privately rented and 33.1% 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 2, Gresham Way, 22.2% 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 2, Gresham Way, the average age was 35.4 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 2, Gresham Way, 1.0% 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 2, Gresham Way, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.