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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 2, Lancaster Road is £597,308 and the estimated rental value is £2,286 per month.
The apartment is within 2, Lancaster Road, London, SW19.
Lancaster Road, London, SW19 is located in the borough of Merton within the SW19 postal district.
Flat 3, 2, Lancaster Road has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, 2, Lancaster Road is in very good condition we estimate a sale value of £627,173 and a rental value of £2,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,496 and a rental value of £2,126 per month.
Over the last 12 months the sale value of Flat 3 2 Lancaster Road has decreased by an estimated £7,990 (1.3%) and its rental value has increased by an estimated £132 per month (5.8%), giving an expected gross yield of 4.6%.
Flat 3, 2, Lancaster Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 2, Lancaster Road was last sold on 25th April 2003 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 2, Lancaster Road within a radius of 600 metres over the last 2 years.
The most recent example is Flat 2, 4, Homefield Road, London, SW19 4QE, a leasehold flat which sold for £630,000 on the 28th August 2024.
Read more about house prices in SW19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, London, SW19 has a total of 50 addresses. According to our analysis of all the public data, Flat 3, 2, Lancaster Road is the 43rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in SW19.
The closest station to Flat 3, 2, Lancaster Road is Wimbledon station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 2, Lancaster Road, 42.9% of property is privately owned outright and 27.7% 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 Flat 3, 2, Lancaster Road, 12.0% of residents are recorded as possessing school level qualifications and 76.2% 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 3, 2, Lancaster Road, the average age was 41.6 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 Flat 3, 2, Lancaster Road, 5.5% 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 3, 2, Lancaster 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.