According to the public record, 8, Mersham Place, London is a mid-century house with 904 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mersham Place, London, SE20 is located in the borough of Bromley within the SE20 postal district.
8, Mersham Place, London has no records in the Land Registry database and a single entry in the EPC database dated December 2008.
We combine this information with public data 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 8 Mersham Place London as £437,706 and the rental value as £2,119 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Mersham Place London has increased by £9,723 (2.2%) and its rental value has increased by £112 per month (5.3%).
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 8, Mersham Place, London is in very good condition we estimate a sale value of £459,591 and rental value of £2,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,067 and a rental value of £1,970 per month.
If you were able to purchase this property for the estimated value of £437,706, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,151 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mersham Place, London within a radius of 350 metres over the last 2 years.
The most recent example is 12, Hawthorn Grove, London, SE20 8LF, a Freehold house which sold for £400,000 in Apr 2022.
Read more about house prices in SE20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersham Place, London, SE20 has a total of 10 addresses. According to our analysis of all the public data, 8, Mersham Place, London is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in SE20.
8, Mersham Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Dec 2008.
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 8, Mersham Place, London is Anerley 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 8, Mersham Place, London, 68.2% of property is socially rented and 15.5% 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 8, Mersham Place, London, 31.0% of residents are recorded as possessing school level qualifications and 28.4% 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 8, Mersham Place, London, the average age was 36.8 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 8, Mersham Place, London, 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 8, Mersham Place, 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.