According to the public record, 38 Cedarwood Place, Sidcup is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 659 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cedarwood Place, Maylands Drive, Sidcup, DA14.
Maylands Drive, Sidcup, DA14 is located in the borough of Bexley within the DA14 postal district.
38 Cedarwood Place, Sidcup has a single entry in the Land Registry database from December 2007 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 38 Cedarwood Place Sidcup as £286,442 and the rental value as £1,507 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 38 Cedarwood Place Sidcup has decreased by £657 (0.2%) and its rental value has increased by £54 per month (3.6%).
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 38 Cedarwood Place, Sidcup is in very good condition we estimate a sale value of £300,764 and rental value of £1,582 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,391 and a rental value of £1,401 per month.
If you were able to purchase this property for the estimated value of £286,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,408 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, 38 Cedarwood Place, Sidcup was last sold on 04 Dec 2007 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 50.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38 Cedarwood Place, Sidcup within a radius of 700 metres over the last 2 years.
The most recent example is 39 Cedarwood Place, Maylands Drive, Sidcup, DA14 4BF, a Leasehold flat which sold for £295,000 in Sep 2023.
Read more about house prices in DA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maylands Drive, Sidcup, DA14 has a total of 230 addresses. According to our analysis of all the public data, 38 Cedarwood Place, Sidcup is the 122nd largest and the 140th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in DA14.
The closest station to 38 Cedarwood Place, Sidcup is Albany Park station which is 400 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 38 Cedarwood Place, Sidcup, 39.7% of property is privately owned with a mortgage and 22.7% 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 38 Cedarwood Place, Sidcup, 22.0% of residents are recorded as possessing school level qualifications and 37.8% 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 38 Cedarwood Place, 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 38 Cedarwood Place, 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 38 Cedarwood Place, Sidcup, 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.