According to the public record, 233, Lower Road, Belvedere is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lower Road, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
233, Lower Road, Belvedere has 21 entries in the Land Registry database, most recently in January 2008 and a single entry in the EPC database dated March 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 233 Lower Road Belvedere as £164,657 and the rental value as £1,114 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 233 Lower Road Belvedere has increased by £2,211 (1.3%) and its rental value has increased by £68 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 233, Lower Road, Belvedere is in very good condition we estimate a sale value of £172,890 and rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,131 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £164,657, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £809 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, 233, Lower Road, Belvedere was last sold on 28 Jan 2008 for £112,350 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2008, the market for similar properties has risen 58.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 233, Lower Road, Belvedere within a radius of 660 metres over the last 2 years.
The most recent example is 157, Lower Road, Belvedere, DA17 6DQ, a Leasehold flat which sold for £145,000 in Aug 2023.
Read more about house prices in DA17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Road, Belvedere, DA17 has a total of 124 addresses. According to our analysis of all the public data, 233, Lower Road, Belvedere is the 96th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in DA17.
233, Lower Road, Belvedere has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 233, Lower Road, Belvedere is Belvedere station which is 700 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 233, Lower Road, Belvedere, 29.7% of property is privately rented and 27.6% 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 233, Lower Road, Belvedere, 31.1% of residents are recorded as possessing school level qualifications and 27.6% 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 233, Lower Road, Belvedere, the average age was 34.2 and the most common age was 7.
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 233, Lower Road, Belvedere, 0.9% 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 233, Lower Road, Belvedere, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.