24, Old School Close
24, Old School Close
Description & Estimates
24, Old School Close is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24, Old School Close is £268,574 and its rental estimate is £1,346 per month, given the available information and assuming reasonable condition.
Old School Close, London, SW19 falls within the SW19 postal district, in the borough of Merton.
Our Data Sources
24, Old School Close has 2 entries in the Land Registry , most recently in July 2023 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Old School Close, we estimate a market value of £282,003 and a rental value of £1,414 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,774 and £1,252 per month respectively.
Recent Market Change
Over the last year, 24, Old School Close has seen its estimated sale value drop by £3,593 (1.3%) and its estimated rental value rise by £78 per month (5.8%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
24, Old School Close has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
Sold Prices
The most recent sale of 24, Old School Close completed on 7th July 2023 at £300,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.9% over the period since July 2023.
- Sold Jul 2023£300,000
- Sold Oct 2009£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Old School Close have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2024, was 15, Old School Close, London, SW19 3HY, a leasehold flat which sold for £255,000.
Read more about house prices in SW19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Old School Close, London, SW19, 24, Old School Close comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £555k less expensive than the average property across the SW19 district.
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Schools Nearby
- 100mMerton Park Primary School
- 600mPark Academy
- 700mPelham Primary School
- 500mRutlish School
- 1.0kmHarris Academy Wimbledon
- 1.6kmUrsuline High School Wimbledon
More reading links
Public Transport Nearby
From 24, Old School Close, the nearest station is South Wimbledon, 800 metres away.
- 800mSouth Wimbledon
- 800mSouth Merton
- 900mWimbledon Chase
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
