According to the public record, 5 Venmead Court, Belvedere is a mid-century leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Venmead Court, Picardy Road, Belvedere, DA17.
Picardy Road, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
5 Venmead Court, Belvedere has 41 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated October 2023.
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 Venmead Court Belvedere as £226,143 and the rental value as £1,425 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 5 Venmead Court Belvedere has increased by £2,773 (1.2%) and its rental value has increased by £85 per month (6.0%).
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 Venmead Court, Belvedere is in very good condition we estimate a sale value of £237,451 and rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,313 and a rental value of £1,325 per month.
If you were able to purchase this property for the estimated value of £226,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,111 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 Venmead Court, Belvedere was last sold on 17 May 2024 for £177,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2024, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Venmead Court, Belvedere within a radius of 430 metres over the last 2 years.
The most recent example is 7 Venmead Court, Picardy Road, Belvedere, DA17 5QR, a Leasehold flat which sold for £245,000 in May 2023.
Read more about house prices in DA17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Picardy Road, Belvedere, DA17 has a total of 181 addresses. According to our analysis of all the public data, 5 Venmead Court, Belvedere is the 147th largest and the 157th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in DA17.
5 Venmead Court, Belvedere has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
The closest station to 5 Venmead Court, Belvedere is Belvedere station which is 700 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 Venmead Court, Belvedere, 45.1% of property is privately owned outright and 42.3% 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 Venmead Court, Belvedere, 13.6% of residents are recorded as possessing school level qualifications and 32.0% 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 Venmead Court, Belvedere, the average age was 38.8 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 5 Venmead Court, 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 Venmead Court, Belvedere, 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.