According to the public record, Basement Flat, 320, Holmesdale Road, London is a period leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 320, Holmesdale Road, London, SE25.
Holmesdale Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
Basement Flat, 320, Holmesdale Road, London has 61 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated March 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 Basement Flat 320 Holmesdale Road London as £213,635 and the rental value as £1,069 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Basement Flat 320 Holmesdale Road London has increased by £4,090 (1.9%) and its rental value has increased by £16 per month (1.5%).
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 Basement Flat, 320, Holmesdale Road, London is in very good condition we estimate a sale value of £224,316 and rental value of £1,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,680 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £213,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,050 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, Basement Flat, 320, Holmesdale Road, London was last sold on 28 Jan 2021 for £220,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jan 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 320, Holmesdale Road, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 3, Bromfield Court 10, Oliver Grove, London, SE25 6EH, a Leasehold flat which sold for £210,000 in Dec 2023.
Read more about house prices in SE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmesdale Road, London, SE25 has a total of 481 addresses. According to our analysis of all the public data, Basement Flat, 320, Holmesdale Road, London is the 450th largest and the 422nd most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in SE25.
Basement Flat, 320, Holmesdale Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 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 Basement Flat, 320, Holmesdale Road, London is Norwood Junction 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 Basement Flat, 320, Holmesdale Road, London, 56.4% of property is privately rented and 25.6% 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 Basement Flat, 320, Holmesdale Road, London, 17.4% of residents are recorded as possessing school level qualifications and 50.9% 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 Basement Flat, 320, Holmesdale Road, London, the average age was 38.4 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 Basement Flat, 320, Holmesdale Road, 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 Basement Flat, 320, Holmesdale Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.