According to the public record, Flat 1, Highfield House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,017 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Highfield House, Laurel Grove, London, SE26.
Laurel Grove, London, SE26 is located in the borough of Lewisham within the SE26 postal district.
Flat 1, Highfield House, London has a single entry in the Land Registry database from November 2014 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 Flat 1 Highfield House London as £370,078 and the rental value as £1,880 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 1 Highfield House London has increased by £8,309 (2.2%) and its rental value has increased by £101 per month (5.4%).
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 Flat 1, Highfield House, London is in very good condition we estimate a sale value of £388,581 and rental value of £1,974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,172 and a rental value of £1,748 per month.
If you were able to purchase this property for the estimated value of £370,078, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,819 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, Flat 1, Highfield House, London was last sold on 07 Nov 2014 for £380,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Highfield House, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat B, 1, Kent House Road, London, SE26 5LN, a Leasehold flat which sold for £375,000 in Nov 2019.
Read more about house prices in SE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Grove, London, SE26 has a total of 82 addresses. According to our analysis of all the public data, Flat 1, Highfield House, London is the 2nd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in SE26.
The closest station to Flat 1, Highfield House, London is Sydenham (London) station which is 700 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 Flat 1, Highfield House, London, 83.1% of property is socially rented and 7.9% is privately 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 Flat 1, Highfield House, London, 25.8% of residents are recorded as possessing school level qualifications and 25.0% 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 Flat 1, Highfield House, 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 Flat 1, Highfield House, London, 0.2% 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 Flat 1, Highfield House, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.