According to the public record, 59A, Picardy Road, Belvedere is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 59, Picardy Road, Belvedere, DA17.
Picardy Road, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
59A, Picardy Road, Belvedere has 31 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated February 2021.
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 59A Picardy Road Belvedere as £257,704 and the rental value as £1,581 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 59A Picardy Road Belvedere has increased by £3,138 (1.2%) and its rental value has increased by £94 per month (5.9%).
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 59A, Picardy Road, Belvedere is in very good condition we estimate a sale value of £270,589 and rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,664 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £257,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,267 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, 59A, Picardy Road, Belvedere was last sold on 16 Apr 2014 for £142,240 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2014, the market for similar properties has risen 50.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59A, Picardy Road, Belvedere within a radius of 420 metres over the last 2 years.
The most recent example is 20A, Picardy Road, Belvedere, DA17 5QH, a Leasehold flat which sold for £247,500 in Feb 2024.
Read more about house prices in DA17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Picardy Road, Belvedere, DA17 has a total of 181 addresses. According to our analysis of all the public data, 59A, Picardy Road, Belvedere is the 110th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in DA17.
59A, Picardy Road, Belvedere has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Feb 2021.
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 59A, Picardy Road, Belvedere is Belvedere station which is 300 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 59A, Picardy Road, Belvedere, 33.8% of property is privately owned with a mortgage and 28.6% 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 59A, Picardy Road, Belvedere, 25.4% of residents are recorded as possessing school level qualifications and 37.1% 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 59A, Picardy Road, Belvedere, the average age was 35.7 and the most common age was 32.
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 59A, Picardy Road, Belvedere, 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 59A, Picardy Road, Belvedere, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.