St Mary's Park, Wandsworth: Wandsworth 004F

What proportion of residents living here own their own home?

Wandsworth 004F sits within the St Mary's Park ward under the local district authority of Wandsworth. The roads that make up this catchment are listed at the bottom of this page.

Owner occupied
51.6%
Socially rented
2.3%

Homeownership and rentals

This shows the breakdown of who owns and who rents their homes in the area and is compared against the regional average across London.

This area has a higher proportion of households that are privately rented, standing at 43.7%.

"Owned by the occupant" includes those who both have bought their home and fully paid off their mortgage, as well as those who have bought their home and still have a mortgage/loan outstanding against it.

A high population of young adults can lead to higher private rented accomodation since they may still be saving up for a deposit on their first home.

51.6% of people living here own their own home - this is 3.3% more people than the average for London.

The remaining 48.4% of people rent their home (this includes those that live rent free, for example adult children who been bought a home by their parents).

Out of those that rent, 43.7% rent from private landlords, 2.3% rent from social landlords (i.e. the local council and charities) and 1.4% live rent free.

There is almost no socially rented housing in this area.

Home ownership Proportion of homes Compared to the wider region
Owned by the occupant 51.6% 7%
Privately rented 43.7% 74%
Socially rented 2.3% 91%
Living rent free 1.4% 4%

Detailed breakdown of household tenure

The chart below shows the breakdown of residents who have paid off their mortgage, those that are still paying a mortgage, as well as those who are renting and whether that is with a private landlord or through a social housing body.

Older residents are more likely to have paid off their mortgage whilst a high student population can lead to a higher proportion of households being rented.

A property is regarded as owned outright if the owner occupier has paid off their mortgage in full. Social housing is provided to those who most need it by local authorities and charities.

22.0% of people living here have paid off their mortgage completely - this is largely in line with the wider regional average.

29.6% of people living here still have a mortgage outstanding against their home - this is largely in line with the wider regional average.

Home ownership Proportion of homes Compared to the wider region
Owned outright 22.0% 4%
Owned with a mortgage 29.6% 9%
Privately rented 43.7% 74%
Shared ownership 1.1% 18%
Socially rented from council 0.9% 93%
Socially rented (not from council) 1.4% 87%

Other areas within St Mary's Park, Wandsworth