According to the public record, 1, Iris Avenue, Bexley is a early-century freehold house with 1,119 ft2 of internal area and sits on a 337 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Iris Avenue, Bexley, DA5 is located in the borough of Bexley within the DA5 postal district.
1, Iris Avenue, Bexley has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated November 2020.
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 Iris Avenue Bexley as £558,639 and the rental value as £2,320 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 1 Iris Avenue Bexley has increased by £1,197 (0.2%) and its rental value has increased by £120 per month (5.2%).
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, Iris Avenue, Bexley is in very good condition we estimate a sale value of £586,571 and rental value of £2,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,534 and a rental value of £2,157 per month.
If you were able to purchase this property for the estimated value of £558,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,746 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 data from HM Land Registry, 1, Iris Avenue, Bexley sits on a plot of 337m2.
We have plot size data on 24 out of 39 other houses in the postcode and 1, Iris Avenue, Bexley sits on the 16th largest plot.
According to HM Land Registry, 1, Iris Avenue, Bexley was last sold on 28 Apr 2021 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Iris Avenue, Bexley within a radius of 640 metres over the last 2 years.
The most recent example is 7, Meadowview Road, Bexley, DA5 1HP, a Freehold house which sold for £605,000 in Apr 2023.
Read more about house prices in DA5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iris Avenue, Bexley, DA5 has a total of 41 addresses. According to our analysis of all the public data, 1, Iris Avenue, Bexley is the 33rd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in DA5.
1, Iris Avenue, Bexley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Iris Avenue, Bexley is Bexley station which is 1.3 kilometres 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, Iris Avenue, Bexley, 50.9% of property is privately owned with a mortgage and 43.6% is privately owned outright.
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, Iris Avenue, Bexley, 19.3% of residents are recorded as possessing school level qualifications and 33.5% 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, Iris Avenue, Bexley, the average age was 41.1 and the most common age was 37.
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, Iris Avenue, Bexley, 1.6% 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, Iris Avenue, Bexley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.