According to the public record, First Floor Flat, 2, Hoddesdon Road, Belvedere is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 781 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Hoddesdon Road, Belvedere, DA17.
Hoddesdon Road, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
First Floor Flat, 2, Hoddesdon Road, Belvedere has 2 entries in the Land Registry database, most recently in August 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for First Floor Flat 2 Hoddesdon Road Belvedere as £306,867 and the rental value as £1,747 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of First Floor Flat 2 Hoddesdon Road Belvedere has increased by £4,876 (1.6%) and its rental value has increased by £110 per month (6.3%).
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 First Floor Flat, 2, Hoddesdon Road, Belvedere is in very good condition we estimate a sale value of £322,210 and rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,386 and a rental value of £1,625 per month.
If you were able to purchase this property for the estimated value of £306,867, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,508 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, First Floor Flat, 2, Hoddesdon Road, Belvedere was last sold on 06 Aug 2018 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 2, Hoddesdon Road, Belvedere within a radius of 480 metres over the last 2 years.
The most recent example is Flat 31, Ariel Court, Essenden Road, Belvedere, DA17 5EG, a Leasehold flat which sold for £253,000 in Nov 2023.
Read more about house prices in DA17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hoddesdon Road, Belvedere, DA17 has a total of 41 addresses. According to our analysis of all the public data, First Floor Flat, 2, Hoddesdon Road, Belvedere is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in DA17.
The closest station to First Floor Flat, 2, Hoddesdon Road, Belvedere is Belvedere station which is 1.1 kilometres 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 First Floor Flat, 2, Hoddesdon Road, Belvedere, 56.0% of property is socially rented and 19.8% 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 First Floor Flat, 2, Hoddesdon Road, Belvedere, 18.3% of residents are recorded as possessing school level qualifications and 20.8% 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 First Floor Flat, 2, Hoddesdon 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 First Floor Flat, 2, Hoddesdon 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 First Floor Flat, 2, Hoddesdon Road, Belvedere, 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.