According to the public record, 229A, Broadway, Bexleyheath is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Broadway, Bexleyheath, DA6 is located in the borough of Bexley within the DA6 postal district.
229A, Broadway, Bexleyheath has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated December 2020.
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 229A Broadway Bexleyheath as £222,102 and the rental value as £1,196 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 229A Broadway Bexleyheath has increased by £2,151 (1.0%) and its rental value has increased by £69 per month (5.8%).
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 229A, Broadway, Bexleyheath is in very good condition we estimate a sale value of £233,208 and rental value of £1,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,555 and a rental value of £1,112 per month.
If you were able to purchase this property for the estimated value of £222,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,092 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, 229A, Broadway, Bexleyheath was last sold on 19 Aug 2016 for £233,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 229A, Broadway, Bexleyheath within a radius of 530 metres over the last 2 years.
The most recent example is 211, Broadway, Bexleyheath, DA6 7ER, a Leasehold flat which sold for £215,000 in Jul 2022.
Read more about house prices in DA6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadway, Bexleyheath, DA6 has a total of 246 addresses. According to our analysis of all the public data, 229A, Broadway, Bexleyheath is the 96th largest and the 191st most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in DA6.
229A, Broadway, Bexleyheath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2020.
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 229A, Broadway, Bexleyheath is Bexleyheath 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 229A, Broadway, Bexleyheath, 36.7% of property is privately owned outright and 32.6% is privately rented.
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 229A, Broadway, Bexleyheath, 18.2% of residents are recorded as possessing school level qualifications and 27.9% 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 229A, Broadway, 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 229A, Broadway, Bexleyheath, 1.0% 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 229A, Broadway, Bexleyheath, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.