According to the public record, 17, Mells Crescent, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Mells Crescent, London, SE9 is located in the borough of Bromley within the SE9 postal district.
17, Mells Crescent, London has a single entry in the Land Registry database from August 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Mells Crescent London as £296,730 and the rental value as £1,464 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 17 Mells Crescent London has increased by £1,706 (0.6%) and its rental value has increased by £66 per month (4.5%).
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 17, Mells Crescent, London is in very good condition we estimate a sale value of £311,566 and rental value of £1,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,959 and a rental value of £1,361 per month.
If you were able to purchase this property for the estimated value of £296,730, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,458 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, 17, Mells Crescent, London was last sold on 22 Aug 2006 for £176,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 450 metres radius of 17, Mells Crescent, London over the last 2 years.
The most recent example is 113, Framlingham Crescent, London, SE9 4AG, a Freehold house which sold for £350,000 in Jun 2023.
Read more about house prices in SE9.
Mells Crescent, London, SE9 has a total of 27 addresses. According to our analysis of all the public data, 17, Mells Crescent, London is the largest and the 27th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in SE9.
The closest station to 17, Mells Crescent, London is Elmstead Woods station which is 1.0 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 17, Mells Crescent, London, 42.7% of property is privately owned with a mortgage and 27.9% is socially 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 17, Mells Crescent, London, 25.4% of residents are recorded as possessing school level qualifications and 29.2% 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 17, Mells Crescent, London, the average age was 37.2 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 17, Mells Crescent, London, 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 17, Mells Crescent, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.