According to the public record, 86, Park Mead, Sidcup is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 566 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Park Mead, Sidcup, DA15 is located in the borough of Bexley within the DA15 postal district.
86, Park Mead, Sidcup has 31 entries in the Land Registry database, most recently in October 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 86 Park Mead Sidcup as £249,712 and the rental value as £1,465 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 86 Park Mead Sidcup has increased by £3,815 (1.5%) and its rental value has increased by £91 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 86, Park Mead, Sidcup is in very good condition we estimate a sale value of £262,198 and rental value of £1,538 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,232 and a rental value of £1,362 per month.
If you were able to purchase this property for the estimated value of £249,712, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,227 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, 86, Park Mead, Sidcup was last sold on 10 Oct 2014 for £170,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2014, the market for similar properties has risen 40.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, 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, 86, Park Mead, Sidcup is the 110th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in DA15.
The closest station to 86, 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 86, 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 86, 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 86, 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 86, 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 86, 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.