According to the public record, 5, The Parade, London is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, The Parade, London, SE26.
The Parade, London, SE26 is located in the borough of Lewisham within the SE26 postal district.
5, The Parade, London has 51 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated April 2017.
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 The Parade London as £329,277 and the rental value as £1,655 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 The Parade London has increased by £7,078 (2.1%) and its rental value has increased by £85 per month (5.1%).
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, The Parade, London is in very good condition we estimate a sale value of £345,741 and rental value of £1,737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,228 and a rental value of £1,539 per month.
If you were able to purchase this property for the estimated value of £329,277, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,618 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, The Parade, London was last sold on 30 Sep 2020 for £400,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2020, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Parade, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 1, Denham Court, Kirkdale, London, SE26 4BE, a Leasehold flat which sold for £265,000 in Sep 2022.
Read more about house prices in SE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade, London, SE26 has a total of 14 addresses. According to our analysis of all the public data, 5, The Parade, London is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in SE26.
5, The Parade, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2017.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 5, The Parade, London is Sydenham 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, The Parade, London, 59.2% of property is privately rented and 21.9% 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, The Parade, London, 20.6% of residents are recorded as possessing school level qualifications and 59.1% 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, The Parade, London, the average age was 36.4 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, The Parade, London, 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 5, The Parade, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.