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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 2, 2, Friars Lane, Richmond to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 2, Friars Lane, Richmond has an estimated sale value of £600,339 and an estimated rental value of £2,419 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Friars Lane, Richmond, TW9.
Friars Lane, Richmond, TW9 lies in the borough of Richmond upon Thames, within the TW9 postal district.
Flat 2, 2, Friars Lane, Richmond has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated January 2024.
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.
In very good condition, we estimate Flat 2, 2, Friars Lane, Richmond would be worth £630,356, with a potential rental value of £2,540 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £558,315, with a rental value of £2,249 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 2, 2, Friars Lane, Richmond has decreased by £13,870 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £94 (3.9%). The property's estimated gross yield is currently 4.8%.
Flat 2, 2, Friars Lane, Richmond has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 2, 2, Friars Lane, Richmond last changed hands on 25th October 2024, selling for £625,000. 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 31.0% since October 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of Flat 2, 2, Friars Lane, Richmond across the last 2 years.
Most recently, Flat 1, 2, Friars Lane, Richmond, TW9 1NL, a leasehold flat, sold at £600,000 on the 18th October 2024.
Read more about house prices in TW9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 2, Friars Lane, Richmond as the 66th largest and the 64th most expensive of the 71 addresses on Friars Lane, Richmond, TW9.
Against the TW9 postcode district average, it is £95k less expensive than the typical property.
Richmond (London) station is the nearest stop to Flat 2, 2, Friars Lane, Richmond at 400 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 2, Friars Lane, Richmond, 49.5% of property is privately owned outright and 27.3% is privately rented.
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 Flat 2, 2, Friars Lane, Richmond, 13.9% of residents are recorded as possessing school level qualifications and 72.4% 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 Flat 2, 2, Friars Lane, Richmond, the average age was 40.3 and the most common age was 37.
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 Flat 2, 2, Friars Lane, Richmond, 11.5% 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 Flat 2, 2, Friars Lane, Richmond, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
