According to the public record, 4 Vick House, London is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Vick House, Lennard Road, London, SE20.
Lennard Road, London, SE20 is located in the borough of Bromley within the SE20 postal district.
4 Vick House, London has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated August 2019.
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 4 Vick House London as £320,295 and the rental value as £1,619 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 4 Vick House London has increased by £4,661 (1.5%) and its rental value has increased by £72 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 4 Vick House, London is in very good condition we estimate a sale value of £336,310 and rental value of £1,700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,875 and a rental value of £1,506 per month.
If you were able to purchase this property for the estimated value of £320,295, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,574 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, 4 Vick House, London was last sold on 29 Jan 2021 for £310,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Vick House, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 2, Parcell House, Newlands Park, London, SE26 5PB, a Leasehold flat which sold for £335,000 in Nov 2021.
Read more about house prices in SE20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lennard Road, London, SE20 has a total of 163 addresses. According to our analysis of all the public data, 4 Vick House, London is the 72nd largest and the 111th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in SE20.
4 Vick House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 4 Vick House, London is Penge East station which is 100 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 4 Vick House, London, 43.0% of property is socially rented and 21.9% 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 4 Vick House, London, 24.1% of residents are recorded as possessing school level qualifications and 43.4% 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 4 Vick House, London, the average age was 39 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 4 Vick House, London, 1.1% 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 4 Vick House, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.