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3, Parkfields Avenue is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3, Parkfields Avenue is £461,491 and its rental estimate is £1,795 per month, given the available information and assuming reasonable condition.
Parkfields Avenue, London, SW20 falls within the SW20 postal district, in the borough of Merton.
3, Parkfields Avenue has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 3, Parkfields Avenue, we estimate a market value of £484,566 and a rental value of £1,884 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £429,187 and £1,669 per month respectively.
Over the last year, 3, Parkfields Avenue has seen its estimated sale value move down by £1,644 (0.4%) and its estimated rental value increase by £107 per month (6.0%). This results in an estimated gross rental yield of 4.7%.
3, Parkfields Avenue has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Room heaters, mains gas.
The most recent sale of 3, Parkfields Avenue completed on 17th May 2019 at £374,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.7% over the period since May 2019.
Over the past 2 years 3 properties similar to 3, Parkfields Avenue have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2024, was 1, Parkfields Avenue, London, SW20 0QS, a leasehold flat which sold for £525,000.
Read more about house prices in SW20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 28 addresses on Parkfields Avenue, London, SW20, 3, Parkfields Avenue comes out as the 19th largest and the 17th most expensive in our analysis of the public data.
It is also £355k less expensive than the average property across the SW20 district.
From 3, Parkfields Avenue, the nearest station is Raynes Park, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Parkfields Avenue, 37.0% of property is privately rented and 34.7% 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 3, Parkfields Avenue, 19.9% of residents are recorded as possessing school level qualifications and 63.3% 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 3, Parkfields Avenue, the average age was 40.4 and the most common age was 47.
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 3, Parkfields Avenue, 2.0% 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 3, Parkfields Avenue, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.