According to the public record, 84B, Newlands Park, London is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 84, Newlands Park, London, SE26.
Newlands Park, London, SE26 is located in the borough of Lewisham within the SE26 postal district.
84B, Newlands Park, London has 61 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated May 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 84B Newlands Park London as £454,664 and the rental value as £1,954 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 84B Newlands Park London has increased by £5,438 (1.2%) and its rental value has increased by £83 per month (4.2%).
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 84B, Newlands Park, London is in very good condition we estimate a sale value of £477,397 and rental value of £2,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,838 and a rental value of £1,818 per month.
If you were able to purchase this property for the estimated value of £454,664, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,235 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, 84B, Newlands Park, London was last sold on 29 Jun 2021 for £450,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jun 2021, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 84B, Newlands Park, London within a radius of 370 metres over the last 2 years.
The most recent example is 86C , Newlands Park, London, SE26 5NB, a Leasehold flat which sold for £468,000 in Apr 2022.
Read more about house prices in SE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newlands Park, London, SE26 has a total of 309 addresses. According to our analysis of all the public data, 84B, Newlands Park, London is the 111th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in SE26.
84B, Newlands Park, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 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 84B, Newlands Park, London is Sydenham (London) 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 84B, Newlands Park, London, 41.5% of property is privately rented and 22.2% 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 84B, Newlands Park, London, 16.4% of residents are recorded as possessing school level qualifications and 58.6% 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 84B, Newlands Park, London, the average age was 38.1 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 84B, Newlands Park, London, 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 84B, Newlands Park, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.