Flat 6, 3-4
Flat 6, 3-4
Description & Estimates
The public record describes Flat 6, 3-4, Old Palace Lane, Richmond as a period apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 6, 3-4, Old Palace Lane, Richmond has an estimated sale value of £454,767 and an estimated rental value of £1,808 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Old Palace Lane, Richmond, TW9.
Old Palace Lane, Richmond, TW9 lies in the borough of Richmond upon Thames, within the TW9 postal district.
Our Data Sources
Flat 6, 3-4, Old Palace Lane, Richmond has no records in the the Land Registry and a single entry in the EPC database dated August 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 6, 3-4, Old Palace Lane, Richmond would be worth £477,505, with a potential rental value of £1,898 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £422,933, with a rental value of £1,681 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 6, 3-4, Old Palace Lane, Richmond has risen by £1,150 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £93 (5.1%). The property's estimated gross yield is currently 4.8%.
Energy Efficiency
Flat 6, 3-4, Old Palace Lane, Richmond has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Aug 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of Flat 6, 3-4, Old Palace Lane, Richmond across the last 2 years.
Most recently, Flat 8, 3-4, Old Palace Lane, Richmond, TW9 1PG, a leasehold flat, sold at £452,500 on the 22nd January 2021.
Read more about house prices in TW9.
- Sold Jan 2021£452,500 | 1 Bed Flat3-4, Old Palace LaneFlat 8, 3-4, Old Palace Lane, Richmond, TW9 1PG
- Sold Nov 2018£365,000 | 1 Bed Flat3-4, Old Palace LaneFlat 16, 3-4, Old Palace Lane, Richmond, TW9 1PG
- Sold Jun 2017£415,000 | 1 Bed Flat3-4, Old Palace LaneFlat 11, 3-4, Old Palace Lane, Richmond, TW9 1PG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 6, 3-4, Old Palace Lane, Richmond as the 33rd largest and the 33rd most expensive of the 45 addresses on Old Palace Lane, Richmond, TW9.
Against the TW9 postcode district average, it is £240k less expensive than the typical property.
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Schools Nearby
- 600mDeer Park School
- 1.1kmSt Stephen's C E Primary School
- 1.1kmWorple Primary School
- 1.5kmOrleans Park School
- 1.6kmChrist's Church of England Comprehensive Secondary School
- 1.6kmGumley House RC Convent School, FCJ
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Public Transport Nearby
St Margarets (London) station is the nearest stop to Flat 6, 3-4, Old Palace Lane, Richmond at 900 metres away.
- 600mRichmond
- 700mRichmond (London)
- 1.0kmSt Margarets (London)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
