According to the public record, First Floor Flat, 45B, Woolwich Road, Bexleyheath is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 566 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Woolwich Road, Bexleyheath, DA7 is located in the borough of Bexley within the DA7 postal district.
First Floor Flat, 45B, Woolwich Road, Bexleyheath has 31 entries in the Land Registry database, most recently in November 2008 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 45B Woolwich Road Bexleyheath as £255,847 and the rental value as £1,479 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of First Floor Flat 45B Woolwich Road Bexleyheath has increased by £3,612 (1.4%) and its rental value has increased by £86 per month (5.8%).
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, 45B, Woolwich Road, Bexleyheath is in very good condition we estimate a sale value of £268,639 and rental value of £1,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,938 and a rental value of £1,376 per month.
If you were able to purchase this property for the estimated value of £255,847, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,257 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, 45B, Woolwich Road, Bexleyheath was last sold on 26 Nov 2008 for £124,999 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2008, the market for similar properties has risen 81.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 45B, Woolwich Road, Bexleyheath within a radius of 510 metres over the last 2 years.
The most recent example is 9, Mera Drive, Bexleyheath, DA7 4JN, a Leasehold flat which sold for £280,000 in Dec 2023.
Read more about house prices in DA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woolwich Road, Bexleyheath, DA7 has a total of 142 addresses. According to our analysis of all the public data, First Floor Flat, 45B, Woolwich Road, Bexleyheath is the 119th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in DA7.
The closest station to First Floor Flat, 45B, Woolwich Road, Bexleyheath is Bexleyheath 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, 45B, Woolwich Road, Bexleyheath, 51.1% of property is privately owned outright and 24.5% 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, 45B, Woolwich Road, Bexleyheath, 19.4% of residents are recorded as possessing school level qualifications and 23.7% 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, 45B, Woolwich Road, Bexleyheath, the average age was 41.2 and the most common age was 42.
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, 45B, Woolwich Road, Bexleyheath, 0.6% 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, 45B, Woolwich Road, Bexleyheath, 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.