According to the public record, 5, Redwood Close, Sidcup is a period leasehold apartment with 790 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Redwood Close, Sidcup, DA15 is located in the borough of Bexley within the DA15 postal district.
5, Redwood Close, Sidcup has 61 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated June 2009.
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 5 Redwood Close Sidcup as £510,336 and the rental value as £1,977 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 5 Redwood Close Sidcup has increased by £8,898 (1.7%) and its rental value has increased by £117 per month (5.9%).
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 5, Redwood Close, Sidcup is in very good condition we estimate a sale value of £535,853 and rental value of £2,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £474,613 and a rental value of £1,839 per month.
If you were able to purchase this property for the estimated value of £510,336, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,508 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, 5, Redwood Close, Sidcup was last sold on 26 Feb 2016 for £425,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Feb 2016, the market for similar properties has risen 19.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Redwood Close, Sidcup within a radius of 610 metres over the last 2 years.
The most recent example is 6, Redwood Close, Sidcup, DA15 8WP, a Leasehold flat which sold for £412,500 in Jul 2016.
Read more about house prices in DA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Close, Sidcup, DA15 has a total of 11 addresses. According to our analysis of all the public data, 5, Redwood Close, Sidcup is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in DA15.
5, Redwood Close, Sidcup has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 Jun 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Redwood Close, Sidcup is Sidcup station which is 800 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 5, Redwood Close, Sidcup, 50.9% of property is privately owned outright and 37.0% 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 5, Redwood Close, Sidcup, 11.3% of residents are recorded as possessing school level qualifications and 41.6% 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 5, Redwood Close, Sidcup, the average age was 42 and the most common age was 52.
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 5, Redwood Close, Sidcup, 3.7% 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 5, Redwood Close, Sidcup, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.