According to the public record, 8, Palmeira Road, Bexleyheath is a period freehold house with 710 ft2 of internal area and sits on a 166 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Palmeira Road, Bexleyheath, DA7 is located in the borough of Bexley within the DA7 postal district.
8, Palmeira Road, Bexleyheath has 41 entries in the Land Registry database, most recently in July 2013 and a single entry in the EPC database dated April 2013.
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 8 Palmeira Road Bexleyheath as £390,968 and the rental value as £1,774 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Palmeira Road Bexleyheath has increased by £2,593 (0.7%) and its rental value has increased by £97 per month (5.5%).
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, Palmeira Road, Bexleyheath is in very good condition we estimate a sale value of £410,516 and rental value of £1,863 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,600 and a rental value of £1,650 per month.
If you were able to purchase this property for the estimated value of £390,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,921 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, 8, Palmeira Road, Bexleyheath sits on a plot of 166m2.
We have plot size data on 26 out of 44 other houses in the postcode and 8, Palmeira Road, Bexleyheath sits on the 24th largest plot.
According to HM Land Registry, 8, Palmeira Road, Bexleyheath was last sold on 04 Jul 2013 for £245,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2013, the market for similar properties has risen 71.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Palmeira Road, Bexleyheath within a radius of 490 metres over the last 2 years.
The most recent example is 17, Palmeira Road, Bexleyheath, DA7 4UU, a Freehold house which sold for £353,000 in Feb 2023.
Read more about house prices in DA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmeira Road, Bexleyheath, DA7 has a total of 90 addresses. According to our analysis of all the public data, 8, Palmeira Road, Bexleyheath is the 87th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in DA7.
8, Palmeira Road, Bexleyheath has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Apr 2013.
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, Palmeira Road, Bexleyheath is Bexleyheath 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 8, Palmeira Road, Bexleyheath, 47.6% of property is privately owned with a mortgage and 39.7% 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 8, Palmeira Road, Bexleyheath, 21.1% of residents are recorded as possessing school level qualifications and 34.4% 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, Palmeira Road, Bexleyheath, the average age was 41.2 and the most common age was 42.
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, Palmeira Road, Bexleyheath, 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 8, Palmeira Road, Bexleyheath, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.