According to the public record, 7, Ovett Close, London is a modern freehold house with 796 ft2 of internal area and sits on a 115 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ovett Close, London, SE19 is located in the borough of Croydon within the SE19 postal district.
7, Ovett Close, London has a single entry in the Land Registry database from October 2007 and a single entry in the EPC database dated October 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 7 Ovett Close London as £567,365 and the rental value as £2,658 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 7 Ovett Close London has increased by £11,651 (2.1%) and its rental value has increased by £103 per month (3.9%).
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 7, Ovett Close, London is in very good condition we estimate a sale value of £595,733 and rental value of £2,791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £527,649 and a rental value of £2,472 per month.
If you were able to purchase this property for the estimated value of £567,365, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,788 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, 7, Ovett Close, London sits on a plot of 115m2.
We have plot size data on 10 out of 19 other houses in the postcode and 7, Ovett Close, London sits on the 4th largest plot.
According to HM Land Registry, 7, Ovett Close, London was last sold on 26 Oct 2007 for £307,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 95.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ovett Close, London within a radius of 320 metres over the last 2 years.
The most recent example is 26, Ovett Close, London, SE19 3RX, a Freehold house which sold for £645,000 in Nov 2022.
Read more about house prices in SE19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 320 metres radius of 7, Ovett Close, London over the last 2 years.
Most recently 7, Bankside Way, London, SE19 1HT, a Leasehold flat let by Orlando Reid in Mar 2023.
Ovett Close, London, SE19 has a total of 19 addresses. According to our analysis of all the public data, 7, Ovett Close, London is the 12th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in SE19.
7, Ovett Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 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 7, Ovett Close, London is Gipsy Hill station which is 600 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 7, Ovett Close, London, 60.1% of property is privately rented and 18.7% 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 7, Ovett Close, London, 16.8% of residents are recorded as possessing school level qualifications and 61.5% 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 7, Ovett Close, London, the average age was 37.6 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 7, Ovett Close, London, 0.5% 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 7, Ovett Close, 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.