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According to the public record, Flat 8, 2, Exchange Gardens is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, 2, Exchange Gardens is £422,366 and the estimated rental value is £2,110 per month.
The apartment is within 2, Exchange Gardens, London, SW8.
Exchange Gardens, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 8, 2, Exchange Gardens has a single entry in the Land Registry from March 2019 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.
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 8, 2, Exchange Gardens is in very good condition we estimate a sale value of £443,484 and a rental value of £2,215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,800 and a rental value of £1,962 per month.
Over the last 12 months the sale value of Flat 8 2 Exchange Gardens has decreased by an estimated £15,379 (3.6%) and its rental value has increased by an estimated £121 per month (5.8%), giving an expected gross yield of 6%.
Flat 8, 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.
According to HM Land Registry, Flat 8, 2, Exchange Gardens was last sold on 29th March 2019 for £696,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has dropped 38.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 2, Exchange Gardens within a radius of 190 metres over the last 2 years.
The most recent example is Flat 4, Keybridge Tower 1, Exchange Gardens, London, SW8 1BG, a leasehold flat which sold for £475,000 on the 12th August 2024.
Read more about house prices in SW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Exchange Gardens, London, SW8 has a total of 588 addresses. According to our analysis of all the public data, Flat 8, 2, Exchange Gardens is the 474th largest and the 587th most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in SW8.
The nearest school is Wyvil Primary School and Resource Bases for Speech, Language and Communication Needs, and Autism which is 100 metres away. The nearest train station is Vauxhall which is 400 metres away.
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