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By comparing it to nearby properties, we estimate it to be a period house with 1,555 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 56, Wavertree Road is £948,322 and its rental estimate is £4,637 per month, given the available information and assuming reasonable condition.
Wavertree Road, London, SW2 falls within the SW2 postal district, in the borough of Lambeth.
56, Wavertree Road has 21 entries in the Land Registry , 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.
The local information is scored as 2 out of 5 and is considered of medium 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 56, Wavertree Road, we estimate a market value of £995,739 and a rental value of £4,869 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £881,940 and £4,313 per month respectively.
Over the last year, 56, Wavertree Road has seen its estimated sale value fall by £22,215 (2.3%) and its estimated rental value move up by £317 per month (6.8%). This results in an estimated gross rental yield of 5.9%.
The most recent sale of 56, Wavertree Road completed on 4th July 2007 at £475,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 105.9% over the period since July 2007.
Over the past 2 years 3 properties similar to 56, Wavertree Road have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2024, was 158, Downton Avenue, London, SW2 3TT, a freehold house which sold for £825,000.
Read more about house prices in SW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 178 addresses on Wavertree Road, London, SW2, 56, Wavertree Road comes out as the 54th largest and the 53rd most expensive in our analysis of the public data.
It is also £409k more expensive than the average property across the SW2 district.
From 56, Wavertree Road, the nearest station is Streatham Hill, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56, Wavertree Road, 43.8% of property is privately owned outright and 37.5% is privately owned with a mortgage.
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 56, Wavertree Road, 21.2% of residents are recorded as possessing school level qualifications and 66.7% 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 56, Wavertree Road, the average age was 35.8 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 56, Wavertree Road, 4.0% 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 56, Wavertree Road, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.