According to the public record, 12, Mayfield, Bexleyheath is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mayfield, Bexleyheath, DA7 is located in the borough of Bexley within the DA7 postal district.
12, Mayfield, Bexleyheath has a single entry in the Land Registry database from January 2018 and a single entry in the EPC database dated August 2017.
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 12 Mayfield Bexleyheath as £297,995 and the rental value as £1,478 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 12 Mayfield Bexleyheath has increased by £3,827 (1.3%) and its rental value has increased by £90 per month (6.1%).
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 12, Mayfield, Bexleyheath is in very good condition we estimate a sale value of £312,895 and rental value of £1,552 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,135 and a rental value of £1,374 per month.
If you were able to purchase this property for the estimated value of £297,995, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,465 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, 12, Mayfield, Bexleyheath was last sold on 30 Jan 2018 for £257,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Mayfield, Bexleyheath within a radius of 530 metres over the last 2 years.
The most recent example is 3, Mayfield, Bexleyheath, DA7 4DH, a Leasehold flat which sold for £326,000 in May 2022.
Read more about house prices in DA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayfield, Bexleyheath, DA7 has a total of 12 addresses. According to our analysis of all the public data, 12, Mayfield, Bexleyheath is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in DA7.
12, Mayfield, Bexleyheath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2017.
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 12, Mayfield, Bexleyheath is Bexleyheath station which is 600 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 12, Mayfield, Bexleyheath, 43.9% of property is privately owned with a mortgage and 34.2% 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 12, Mayfield, Bexleyheath, 14.7% of residents are recorded as possessing school level qualifications and 34.8% 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 12, Mayfield, Bexleyheath, the average age was 41.2 and the most common age was 42.
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 12, Mayfield, Bexleyheath, 0.7% 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 12, Mayfield, Bexleyheath, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.