According to the public record, 31, Penn Lane, Bexley is a mid-century house with 2,292 ft2 of internal area and sits on a 575 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Penn Lane, Bexley, DA5 is located in the borough of Bexley within the DA5 postal district.
31, Penn Lane, Bexley has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2022.
We combine this information with public data 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 31 Penn Lane Bexley as £666,952 and the rental value as £3,062 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 31 Penn Lane Bexley has decreased by £8,851 (1.3%) and its rental value has increased by £107 per month (3.5%).
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 31, Penn Lane, Bexley is in very good condition we estimate a sale value of £700,299 and rental value of £3,215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £620,265 and a rental value of £2,848 per month.
If you were able to purchase this property for the estimated value of £666,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,278 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, 31, Penn Lane, Bexley sits on a plot of 575m2.
We have plot size data on 17 out of 35 other houses in the postcode and 31, Penn Lane, Bexley sits on the 2nd largest plot.
According to HM Land Registry, 31, Penn Lane, Bexley was last sold on 09 Jan 2003 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 31, Penn Lane, Bexley within a radius of 600 metres over the last 2 years.
The most recent example is 59, Alers Road, Bexleyheath, DA6 8HR, a Freehold house which sold for £490,000 in Nov 2014.
Read more about house prices in DA5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Lane, Bexley, DA5 has a total of 35 addresses. According to our analysis of all the public data, 31, Penn Lane, Bexley is the largest and the most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in DA5.
31, Penn Lane, Bexley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 31, Penn Lane, Bexley is Albany Park station which is 1.5 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 31, Penn Lane, Bexley, 39.3% of property is privately owned outright and 39.3% is privately owned with a mortgage.
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 31, Penn Lane, Bexley, 22.0% of residents are recorded as possessing school level qualifications and 19.8% 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 31, Penn Lane, 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 31, Penn Lane, Bexley, 0.6% 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 31, Penn Lane, Bexley, 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.