Flat 32, 2
Flat 32, 2
Description & Estimates
Flat 32, 2, Exchange Gardens is recorded publicly as a modern leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 32, 2, Exchange Gardens is £438,406 and its rental estimate is £2,197 per month, given the available information and assuming reasonable condition.
2, Exchange Gardens is a residential building on Exchange Gardens, London, SW8 and falls within the SW8 postal district and the London Borough of Lambeth.
Our Data Sources
Flat 32, 2, Exchange Gardens has a single entry in the Land Registry from February 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
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 32, 2, Exchange Gardens, we estimate a market value of £460,327 and a rental value of £2,307 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £407,718 and £2,043 per month respectively.
Recent Market Change
Over the last year, Flat 32, 2, Exchange Gardens has seen its estimated sale value fall by £15,758 (3.6%) and its estimated rental value move up by £92 per month (4.2%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 32, 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
The most recent sale of Flat 32, 2, Exchange Gardens completed on 23rd February 2018 at £550,000 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 39.4% over the period since February 2018.
- Sold Feb 2018£550,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 32, 2, Exchange Gardens have sold within a radius of 190 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2024, was Flat 15, 15, Exchange Gardens, London, SW8 1BQ, a leasehold flat which sold for £501,000.
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
Of the 588 addresses on Exchange Gardens, London, SW8, Flat 32, 2, Exchange Gardens comes out as the 586th largest and the 584th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the SW8 district.
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
From Flat 32, 2, Exchange Gardens, the nearest station is Vauxhall, 400 metres away.
- 400mVauxhall
- 400mNine Elms
- 800mOval
Available Internet Speeds
Broadband here reaches standard speeds, based on recent Ofcom data.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
