According to the public record, 14, Elm Parade, Sidcup is a mid-century leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Elm Parade, Sidcup, DA14 is located in the borough of Bexley within the DA14 postal district.
14, Elm Parade, Sidcup has 21 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated January 2021.
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 14 Elm Parade Sidcup as £175,795 and the rental value as £965 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 14 Elm Parade Sidcup has increased by £3,465 (2.0%) and its rental value has increased by £52 per month (5.4%).
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 14, Elm Parade, Sidcup is in very good condition we estimate a sale value of £184,584 and rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,489 and a rental value of £897 per month.
If you were able to purchase this property for the estimated value of £175,795, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £864 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, 14, Elm Parade, Sidcup was last sold on 19 Jul 2021 for £193,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Elm Parade, Sidcup within a radius of 440 metres over the last 2 years.
The most recent example is 17, Elm Parade, Sidcup, DA14 6NF, a Leasehold flat which sold for £124,250 in Mar 2014.
Read more about house prices in DA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Parade, Sidcup, DA14 has a total of 23 addresses. According to our analysis of all the public data, 14, Elm Parade, Sidcup is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in DA14.
14, Elm Parade, Sidcup has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 14, Elm Parade, Sidcup is Sidcup 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 14, Elm Parade, Sidcup, 69.4% of property is socially rented and 20.2% 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 14, Elm Parade, Sidcup, 22.7% of residents are recorded as possessing school level qualifications and 22.9% 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 14, Elm Parade, Sidcup, the average age was 42.9 and the most common age was 57.
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 14, Elm Parade, Sidcup, 0.0% 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 14, Elm Parade, Sidcup, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.