According to the public record, Flat 1, Hornbeam House, Sidcup is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Hornbeam House, Manor Road, Sidcup, DA15.
Manor Road, Sidcup, DA15 is located in the borough of Bexley within the DA15 postal district.
Flat 1, Hornbeam House, Sidcup has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated August 2018.
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 Flat 1 Hornbeam House Sidcup as £270,213 and the rental value as £1,430 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 1 Hornbeam House Sidcup has increased by £630 (0.2%) and its rental value has increased by £54 per month (3.8%).
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 Flat 1, Hornbeam House, Sidcup is in very good condition we estimate a sale value of £283,724 and rental value of £1,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,298 and a rental value of £1,329 per month.
If you were able to purchase this property for the estimated value of £270,213, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,328 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, Hornbeam House, Sidcup was last sold on 28 Feb 2023 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Hornbeam House, Sidcup within a radius of 480 metres over the last 2 years.
The most recent example is Flat 3, Hornbeam House, Manor Road, Sidcup, DA15 7JA, a Leasehold flat which sold for £290,000 in May 2022.
Read more about house prices in DA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Road, Sidcup, DA15 has a total of 176 addresses. According to our analysis of all the public data, Flat 1, Hornbeam House, Sidcup is the 117th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in DA15.
Flat 1, Hornbeam House, Sidcup has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, Hornbeam House, Sidcup is Sidcup 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 Flat 1, Hornbeam House, Sidcup, 48.0% of property is privately owned with a mortgage and 25.2% is privately owned outright.
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, Hornbeam House, Sidcup, 7.0% of residents are recorded as possessing school level qualifications and 48.7% 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 Flat 1, Hornbeam House, Sidcup, the average age was 41.1 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 Flat 1, Hornbeam House, Sidcup, 0.5% 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, Hornbeam House, Sidcup, 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.