According to the public record, 50, Parish Lane, London is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 50, Parish Lane, London, SE20.
Parish Lane, London, SE20 is located in the borough of Bromley within the SE20 postal district.
50, Parish Lane, London has 51 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated January 2020.
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 50 Parish Lane London as £289,379 and the rental value as £1,545 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 50 Parish Lane London has increased by £4,451 (1.5%) and its rental value has increased by £70 per month (4.6%).
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 50, Parish Lane, London is in very good condition we estimate a sale value of £303,848 and rental value of £1,622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,123 and a rental value of £1,437 per month.
If you were able to purchase this property for the estimated value of £289,379, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,422 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, 50, Parish Lane, London was last sold on 05 May 2023 for £275,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2023, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Parish Lane, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat C, 70-72 , High Street, London, SE20 7HB, a Leasehold flat which sold for £237,500 in May 2023.
Read more about house prices in SE20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parish Lane, London, SE20 has a total of 253 addresses. According to our analysis of all the public data, 50, Parish Lane, London is the 211th largest and the 218th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in SE20.
50, Parish Lane, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jan 2020.
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 50, Parish Lane, London is Penge East station which is 200 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 50, Parish Lane, London, 35.1% of property is privately owned with a mortgage and 33.6% 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 50, Parish Lane, London, 13.3% of residents are recorded as possessing school level qualifications and 63.7% 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 50, Parish Lane, 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 50, Parish Lane, London, 0.4% 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 50, Parish Lane, 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.