According to the public record, 85, Park Mead, Sidcup is a early-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Park Mead, Sidcup, DA15 is located in the borough of Bexley within the DA15 postal district.
85, Park Mead, Sidcup has 3 entries in the Land Registry database, most recently in June 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 85 Park Mead Sidcup as £268,121 and the rental value as £1,515 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 85 Park Mead Sidcup has increased by £4,096 (1.5%) and its rental value has increased by £94 per month (6.2%).
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 85, Park Mead, Sidcup is in very good condition we estimate a sale value of £281,527 and rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,352 and a rental value of £1,409 per month.
If you were able to purchase this property for the estimated value of £268,121, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,318 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, 85, Park Mead, Sidcup was last sold on 26 Jun 2013 for £168,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2013, the market for similar properties has risen 67.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Park Mead, Sidcup within a radius of 550 metres over the last 2 years.
The most recent example is 80, Park Mead, Sidcup, DA15 9PF, a Leasehold flat which sold for £250,000 in Mar 2023.
Read more about house prices in DA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Mead, Sidcup, DA15 has a total of 110 addresses. According to our analysis of all the public data, 85, Park Mead, Sidcup is the 87th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in DA15.
85, Park Mead, Sidcup has an Energy Performance Rating (EPC) of D. 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 85, Park Mead, Sidcup is Welling station which is 1.7 kilometres 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 85, Park Mead, Sidcup, 44.5% of property is privately owned with a mortgage and 32.9% 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 85, Park Mead, Sidcup, 24.1% of residents are recorded as possessing school level qualifications and 32.1% 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 85, Park Mead, Sidcup, the average age was 39.8 and the most common age was 37.
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 85, Park Mead, Sidcup, 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 85, Park Mead, Sidcup, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.