According to the public record, 56, Sydney Road, London is a mid-century freehold house with 893 ft2 of internal area and sits on a 271 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sydney Road, London, SE2 is located in the borough of Bexley within the SE2 postal district.
56, Sydney Road, London has 3 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated November 2014.
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 56 Sydney Road London as £490,103 and the rental value as £2,235 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 56 Sydney Road London has increased by £12,166 (2.5%) and its rental value has increased by £153 per month (6.9%).
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 56, Sydney Road, London is in very good condition we estimate a sale value of £514,608 and rental value of £2,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,796 and a rental value of £2,078 per month.
If you were able to purchase this property for the estimated value of £490,103, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,409 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 data from HM Land Registry, 56, Sydney Road, London sits on a plot of 271m2.
We have plot size data on 31 out of 47 other houses in the postcode and 56, Sydney Road, London sits on the 11th largest plot.
According to HM Land Registry, 56, Sydney Road, London was last sold on 24 Oct 2017 for £400,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2017, the market for similar properties has risen 23.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Sydney Road, London within a radius of 400 metres over the last 2 years.
The most recent example is 40, Dalberg Way, London, SE2 9SL, a Freehold house which sold for £425,000 in Jun 2021.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sydney Road, London, SE2 has a total of 117 addresses. According to our analysis of all the public data, 56, Sydney Road, London is the 81st largest and the 45th most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in SE2.
56, Sydney Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Nov 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 56, Sydney Road, London is Abbey Wood station which is 300 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 56, Sydney Road, London, 32.6% of property is privately owned outright and 30.4% is privately rented.
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 56, Sydney Road, London, 23.2% of residents are recorded as possessing school level qualifications and 40.4% 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 56, Sydney Road, London, the average age was 36.3 and the most common age was 12.
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 56, Sydney Road, London, 0.3% 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 56, Sydney Road, London, 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.