According to the public record, 5 Shetland House, Belvedere is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Shetland House, Clydesdale Way, Belvedere, DA17.
Clydesdale Way, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
5 Shetland House, Belvedere has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated May 2022.
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 Shetland House Belvedere as £188,519 and the rental value as £1,262 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 5 Shetland House Belvedere has decreased by £845 (0.4%) and its rental value has increased by £53 per month (4.2%).
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 Shetland House, Belvedere is in very good condition we estimate a sale value of £197,945 and rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,323 and a rental value of £1,174 per month.
If you were able to purchase this property for the estimated value of £188,519, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £927 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 Shetland House, Belvedere was last sold on 27 Jul 2012 for £122,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 86.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Shetland House, Belvedere within a radius of 960 metres over the last 2 years.
The most recent example is 62 Exmoor House, Clydesdale Way, Belvedere, DA17 6FB, a Leasehold flat which sold for £185,000 in Aug 2023.
Read more about house prices in DA17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clydesdale Way, Belvedere, DA17 has a total of 182 addresses. According to our analysis of all the public data, 5 Shetland House, Belvedere is the 182nd largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in DA17.
5 Shetland House, Belvedere has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 5 Shetland House, Belvedere is Belvedere station which is 600 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 Shetland House, Belvedere, 46.8% of property is privately owned with a mortgage and 28.4% 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 5 Shetland House, Belvedere, 20.0% of residents are recorded as possessing school level qualifications and 28.9% 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 Shetland House, Belvedere, the average age was 35.7 and the most common age was 32.
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 Shetland House, Belvedere, 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 5 Shetland House, Belvedere, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.