According to the public record, Flat 24, Penton House, London is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Penton House, Hartslock Drive, London, SE2.
Hartslock Drive, London, SE2 is located in the borough of Bexley within the SE2 postal district.
Flat 24, Penton House, London has a single entry in the Land Registry database from March 2013 and a single entry in the EPC database dated July 2019.
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 24 Penton House London as £141,229 and the rental value as £1,002 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 24 Penton House London has increased by £1,837 (1.3%) and its rental value has increased by £57 per month (5.6%).
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 24, Penton House, London is in very good condition we estimate a sale value of £148,290 and rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,343 and a rental value of £932 per month.
If you were able to purchase this property for the estimated value of £141,229, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £694 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 24, Penton House, London was last sold on 11 Mar 2013 for £83,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2013, the market for similar properties has risen 98.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 24, Penton House, London within a radius of 480 metres over the last 2 years.
The most recent example is Flat 8, Oakenholt House, Hartslock Drive, London, SE2 9UX, a Leasehold flat which sold for £129,000 in Mar 2016.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hartslock Drive, London, SE2 has a total of 277 addresses. According to our analysis of all the public data, Flat 24, Penton House, London is the 219th largest and the 241st most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in SE2.
Flat 24, Penton House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 24, Penton House, London is Abbey Wood station which is 800 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 24, Penton House, London, 38.9% of property is privately rented and 25.7% 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 Flat 24, Penton House, London, 25.7% of residents are recorded as possessing school level qualifications and 42.1% 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 24, Penton House, London, the average age was 36.3 and the most common age was 12.
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 24, Penton House, 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 Flat 24, Penton House, London, 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.