Flat 1, 5B
Flat 1, 5B
Description & Estimates
Flat 1, 5B, The Pavement is recorded publicly as a modern leasehold apartment across 1,108 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, 5B, The Pavement is £821,356 and its rental estimate is £3,379 per month, given the available information and assuming reasonable condition.
5B, The Pavement is a residential building on The Pavement, London, SW4 and falls within the SW4 postal district and the London Borough of Lambeth.
Our Data Sources
Flat 1, 5B, The Pavement has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 1, 5B, The Pavement, we estimate a market value of £862,423 and a rental value of £3,548 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £763,861 and £3,142 per month respectively.
Recent Market Change
Over the last year, Flat 1, 5B, The Pavement has seen its estimated sale value fall by £30,851 (3.8%) and its estimated rental value move up by £200 per month (5.9%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
Flat 1, 5B, The Pavement has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
Sold Prices
The most recent sale of Flat 1, 5B, The Pavement completed on 15th March 2023 at £910,000 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 26.4% over the period since March 2023.
- Sold Mar 2023£910,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 5B, The Pavement have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 169, Wingate Square, London, SW4 0AN, a leasehold flat which sold for £1,100,000.
Read more about house prices in SW4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 77 addresses on The Pavement, London, SW4, Flat 1, 5B, The Pavement comes out as the 12th largest and the 7th most expensive in our analysis of the public data.
It is also £106k more expensive than the average property across the SW4 district.
More reading links
Schools Nearby
- 300mClapham Manor Primary School
- 300mSt Mary's Roman Catholic Primary School
- 600mMacaulay Church of England Primary School
- 500mThe Elms Academy
- 1.1kmHarris Academy Clapham
- 1.5kmTrinity Academy
More reading links
Public Transport Nearby
From Flat 1, 5B, The Pavement, the nearest station is Clapham Common, 100 metres away.
- 100mClapham Common
- 600mClapham High Street
- 800mClapham North
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
