According to the public record, 23A, Montpelier Avenue, Bexley is a early-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Montpelier Avenue, Bexley, DA5 is located in the borough of Bexley within the DA5 postal district.
23A, Montpelier Avenue, Bexley has 31 entries in the Land Registry database, most recently in November 2016 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 23A Montpelier Avenue Bexley as £240,148 and the rental value as £1,393 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 23A Montpelier Avenue Bexley has increased by £2,741 (1.1%) and its rental value has increased by £86 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 23A, Montpelier Avenue, Bexley is in very good condition we estimate a sale value of £252,155 and rental value of £1,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,338 and a rental value of £1,295 per month.
If you were able to purchase this property for the estimated value of £240,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,180 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, 23A, Montpelier Avenue, Bexley was last sold on 24 Nov 2016 for £198,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23A, Montpelier Avenue, Bexley within a radius of 560 metres over the last 2 years.
The most recent example is 11A, Montpelier Avenue, Bexley, DA5 3AP, a Leasehold flat which sold for £175,000 in Sep 2021.
Read more about house prices in DA5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montpelier Avenue, Bexley, DA5 has a total of 39 addresses. According to our analysis of all the public data, 23A, Montpelier Avenue, Bexley is the 36th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £308k less expensive than the average property in DA5.
23A, Montpelier Avenue, Bexley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 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 23A, Montpelier Avenue, Bexley is Albany Park station which is 700 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 23A, Montpelier Avenue, Bexley, 44.2% of property is privately owned with a mortgage and 38.0% 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 23A, Montpelier Avenue, Bexley, 17.7% of residents are recorded as possessing school level qualifications and 31.0% 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 23A, Montpelier Avenue, Bexley, the average age was 41.3 and the most common age was 57.
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 23A, Montpelier Avenue, Bexley, 0.6% 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 23A, Montpelier Avenue, Bexley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.