According to the public record, 67, Morvale Close, Belvedere is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Morvale Close, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
67, Morvale Close, Belvedere has 21 entries in the Land Registry database, most recently in September 2017 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 67 Morvale Close Belvedere as £215,915 and the rental value as £1,455 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 67 Morvale Close Belvedere has increased by £2,648 (1.2%) and its rental value has increased by £87 per month (5.9%).
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 67, Morvale Close, Belvedere is in very good condition we estimate a sale value of £226,711 and rental value of £1,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,801 and a rental value of £1,353 per month.
If you were able to purchase this property for the estimated value of £215,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,061 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, 67, Morvale Close, Belvedere was last sold on 08 Sep 2017 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 67, Morvale Close, Belvedere within a radius of 490 metres over the last 2 years.
The most recent example is 3, Tolcairn Court 28, Lessness Park, Belvedere, DA17 5BT, a Leasehold flat which sold for £220,000 in Oct 2023.
Read more about house prices in DA17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morvale Close, Belvedere, DA17 has a total of 49 addresses. According to our analysis of all the public data, 67, Morvale Close, Belvedere is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in DA17.
67, Morvale Close, Belvedere has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 67, Morvale Close, Belvedere is Belvedere station which is 900 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 67, Morvale Close, Belvedere, 32.3% of property is privately owned with a mortgage and 26.8% 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 67, Morvale Close, Belvedere, 19.4% of residents are recorded as possessing school level qualifications and 33.1% 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 67, Morvale Close, Belvedere, the average age was 35.7 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 67, Morvale Close, Belvedere, 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 67, Morvale Close, Belvedere, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.