According to the public record, 59, Murchison Avenue, Bexley is a early-century freehold house with 1,237 ft2 of internal area and sits on a 284 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Murchison Avenue, Bexley, DA5 is located in the borough of Bexley within the DA5 postal district.
59, Murchison Avenue, Bexley has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated April 2018.
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 59 Murchison Avenue Bexley as £549,476 and the rental value as £2,454 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 59 Murchison Avenue Bexley has increased by £2,406 (0.4%) and its rental value has increased by £133 per month (5.4%).
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 59, Murchison Avenue, Bexley is in very good condition we estimate a sale value of £576,950 and rental value of £2,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,013 and a rental value of £2,283 per month.
If you were able to purchase this property for the estimated value of £549,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,701 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, 59, Murchison Avenue, Bexley sits on a plot of 284m2.
We have plot size data on 19 out of 33 other houses in the postcode and 59, Murchison Avenue, Bexley sits on the 3rd largest plot.
According to HM Land Registry, 59, Murchison Avenue, Bexley was last sold on 01 Oct 2018 for £458,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Murchison Avenue, Bexley within a radius of 580 metres over the last 2 years.
The most recent example is 49, Murchison Avenue, Bexley, DA5 3LN, a Freehold house which sold for £558,000 in Jan 2022.
Read more about house prices in DA5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murchison Avenue, Bexley, DA5 has a total of 161 addresses. According to our analysis of all the public data, 59, Murchison Avenue, Bexley is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in DA5.
59, Murchison Avenue, Bexley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2018.
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 59, Murchison Avenue, Bexley is Albany Park station which is 500 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 59, Murchison Avenue, Bexley, 57.4% of property is privately owned with a mortgage and 32.2% 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 59, Murchison Avenue, Bexley, 16.9% of residents are recorded as possessing school level qualifications and 27.2% 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 59, Murchison Avenue, Bexley, the average age was 41.3 and the most common age was 57.
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 59, Murchison Avenue, Bexley, 1.4% 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 59, Murchison Avenue, Bexley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.