Flat 16, 2
Flat 16, 2
Description & Estimates
Public records show Flat 16, 2, Exchange Gardens to be a modern leasehold apartment with 398 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 16, 2, Exchange Gardens has an estimated sale value of £438,406 and an estimated rental value of £2,197 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Exchange Gardens, London, SW8.
Exchange Gardens, London, SW8 lies in the borough of Lambeth, within the SW8 postal district.
Our Data Sources
Flat 16, 2, Exchange Gardens has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated January 2018.
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
In very good condition, we estimate Flat 16, 2, Exchange Gardens would be worth £460,327, with a potential rental value of £2,307 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £407,718, with a rental value of £2,043 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 16, 2, Exchange Gardens has decreased by £15,758 (3.6%) over the last year. During the same period, its estimated monthly rental value has grown by £92 (4.2%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 16, 2, Exchange Gardens has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 16, 2, Exchange Gardens last changed hands on 31st January 2018, selling for £557,750. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 39.7% since January 2018.
- Sold Jan 2018£557,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 190 metres of Flat 16, 2, Exchange Gardens across the last 2 years.
Most recently, Flat 15, 15, Exchange Gardens, London, SW8 1BQ, a leasehold flat, sold at £501,000 on the 12th September 2024.
Read more about house prices in SW8.
- Sold Sep 2024£501,000 | 1 Bed Flat15, Exchange GardensFlat 15, 15, Exchange Gardens, London, SW8 1BQ
- Sold Jun 2024£120,000 | 1 Bed Flat15, Exchange GardensFlat 6, 15, Exchange Gardens, London, SW8 1BQ
- Sold Dec 2018£545,000 | 1 Bed Flat2, Exchange GardensFlat 46, 2, Exchange Gardens, London, SW8 1DF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 16, 2, Exchange Gardens as the 588th largest and the 586th most expensive of the 588 addresses on Exchange Gardens, London, SW8.
Against the SW8 postcode district average, it is £156k less expensive than the typical property.
More reading links
Schools Nearby
- 100mWyvil Primary School and Resource Bases for Speech, Language and Communication Needs, and Autism
- 300mSt Stephen's Church of England Primary School
- 400mHerbert Morrison Primary School
- 600mLilian Baylis Technology School
- 1.0kmPlatanos College
- 1.1kmPimlico Academy
More reading links
Public Transport Nearby
Vauxhall station is the nearest stop to Flat 16, 2, Exchange Gardens at 400 metres away.
- 400mVauxhall
- 400mNine Elms
- 800mOval
Available Internet Speeds
Ofcom's latest figures show standard broadband available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
