According to the public record, 55B, Peak Hill, London 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 55, Peak Hill, London, SE26.
Peak Hill, London, SE26 is located in the borough of Lewisham within the SE26 postal district.
55B, Peak Hill, London has 31 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated May 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 55B Peak Hill London as £409,629 and the rental value as £1,870 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 55B Peak Hill London has increased by £6,470 (1.6%) and its rental value has increased by £86 per month (4.6%).
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 55B, Peak Hill, London is in very good condition we estimate a sale value of £430,111 and rental value of £1,963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,955 and a rental value of £1,739 per month.
If you were able to purchase this property for the estimated value of £409,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,013 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, 55B, Peak Hill, London was last sold on 03 Nov 2023 for £370,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2023, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55B, Peak Hill, London within a radius of 380 metres over the last 2 years.
The most recent example is 12, Collingtree Road, London, SE26 4QG, a Leasehold flat which sold for £450,000 in May 2024.
Read more about house prices in SE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peak Hill, London, SE26 has a total of 140 addresses. According to our analysis of all the public data, 55B, Peak Hill, London is the 85th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in SE26.
55B, Peak Hill, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 55B, Peak Hill, London is Sydenham station which is 200 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 55B, Peak Hill, London, 31.3% of property is privately owned with a mortgage and 27.5% is socially 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 55B, Peak Hill, London, 20.2% of residents are recorded as possessing school level qualifications and 50.2% 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 55B, Peak Hill, London, the average age was 37.5 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 55B, Peak Hill, London, 0.9% 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 55B, Peak Hill, London, 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.