5, Prospect Place
5, Prospect Place
Description & Estimates
5, Prospect Place is recorded publicly as a modern freehold house across 4,822 ft2 of internal area, sitting on a 1,258 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 5, Prospect Place is £3,648,333 and its rental estimate is £9,089 per month, given the available information and assuming reasonable condition.
Prospect Place, London, SW20 falls within the SW20 postal district, in the borough of Merton.
Our Data Sources
5, Prospect Place has 21 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Prospect Place, we estimate a market value of £3,830,750 and a rental value of £9,543 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £3,392,950 and £8,452 per month respectively.
Recent Market Change
Over the last year, 5, Prospect Place has seen its estimated sale value decrease by £74,570 (2.0%) and its estimated rental value grow by £429 per month (4.7%). This results in an estimated gross rental yield of 3.0%.
Plot Size
HM Land Registry records the plot of land for 5, Prospect Place as measuring 1,258 m2.
That makes it the 3rd largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
5, Prospect Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Prospect Place completed on 25th July 2017 at £2,950,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 32.8% over the period since July 2017.
- Sold Jul 2017£2,950,000
- Sold Dec 1998£1,625,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Prospect Place have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2018, was 4, Prospect Place, London, SW20 0JP, a freehold house which sold for £3,250,000.
Read more about house prices in SW20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Prospect Place, London, SW20, 5, Prospect Place comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £2.832m more expensive than the average property across the SW20 district.
More reading links
Schools Nearby
- 600mHollymount School
- 600mSt Matthew's CofE Primary School
- 1.4kmWest Wimbledon Primary School
- 1.0kmUrsuline High School Wimbledon
- 1.0kmWimbledon College
- 1.6kmRaynes Park High School
More reading links
Public Transport Nearby
From 5, Prospect Place, the nearest station is Raynes Park, 1.0 kilometres away.
- 1.0kmRaynes Park
- 1.8kmWimbledon Chase
- 2.1kmWimbledon
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.
