According to the public record, 1, Homelands Drive, London is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Homelands Drive, London, SE19 is located in the borough of Croydon within the SE19 postal district.
1, Homelands Drive, London has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Homelands Drive London as £322,151 and the rental value as £1,643 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 1 Homelands Drive London has increased by £3,498 (1.1%) and its rental value has increased by £47 per month (2.9%).
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 1, Homelands Drive, London is in very good condition we estimate a sale value of £338,258 and rental value of £1,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,600 and a rental value of £1,528 per month.
If you were able to purchase this property for the estimated value of £322,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,583 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Homelands Drive, London was last sold on 06 May 2022 for £370,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Homelands Drive, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 15, Augustus Court 205, Church Road, London, SE19 2QP, a Leasehold flat which sold for £315,000 in May 2023.
Read more about house prices in SE19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homelands Drive, London, SE19 has a total of 32 addresses. According to our analysis of all the public data, 1, Homelands Drive, London is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SE19.
1, Homelands Drive, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2012.
The property is connected to mains gas and has partial double glazing. It is heated using warm air.
The closest station to 1, Homelands Drive, London is Crystal Palace station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Homelands Drive, London, 39.8% of property is privately owned with a mortgage and 32.6% is privately rented.
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 1, Homelands Drive, London, 11.1% of residents are recorded as possessing school level qualifications and 60.9% 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 1, Homelands Drive, London, the average age was 37.6 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 1, Homelands Drive, London, 1.3% 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 1, Homelands Drive, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.