According to the public record, 22A, Downbank Avenue, Bexleyheath is a early-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 22, Downbank Avenue, Bexleyheath, DA7.
Downbank Avenue, Bexleyheath, DA7 is located in the borough of Bexley within the DA7 postal district.
22A, Downbank Avenue, Bexleyheath has 31 entries in the Land Registry database, most recently in March 2014 and a single entry in the EPC database dated September 2023.
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 22A Downbank Avenue Bexleyheath as £241,949 and the rental value as £1,385 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 22A Downbank Avenue Bexleyheath has increased by £4,497 (1.9%) and its rental value has increased by £90 per month (6.5%).
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 22A, Downbank Avenue, Bexleyheath is in very good condition we estimate a sale value of £254,046 and rental value of £1,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,013 and a rental value of £1,288 per month.
If you were able to purchase this property for the estimated value of £241,949, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,189 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, 22A, Downbank Avenue, Bexleyheath was last sold on 28 Mar 2014 for £155,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2014, the market for similar properties has risen 55.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22A, Downbank Avenue, Bexleyheath within a radius of 510 metres over the last 2 years.
The most recent example is 39A, Edendale Road, Bexleyheath, DA7 6RH, a Leasehold flat which sold for £270,000 in Sep 2022.
Read more about house prices in DA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downbank Avenue, Bexleyheath, DA7 has a total of 119 addresses. According to our analysis of all the public data, 22A, Downbank Avenue, Bexleyheath is the 96th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in DA7.
22A, Downbank Avenue, Bexleyheath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2023.
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 22A, Downbank Avenue, Bexleyheath is Barnehurst station which is 800 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 22A, Downbank Avenue, Bexleyheath, 42.6% of property is privately owned outright and 38.0% 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 22A, Downbank Avenue, Bexleyheath, 19.4% 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 22A, Downbank Avenue, Bexleyheath, the average age was 40.8 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 22A, Downbank Avenue, Bexleyheath, 0.4% 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 22A, Downbank Avenue, Bexleyheath, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.