According to the public record, Flat 24, Radcliffe House 3, London is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Radcliffe House, Worcester Close, London, SE20.
Worcester Close, London, SE20 is located in the borough of Bromley within the SE20 postal district.
Flat 24, Radcliffe House 3, London has 3 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated October 2013.
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 Radcliffe House 3 London as £356,840 and the rental value as £1,767 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 24 Radcliffe House 3 London has decreased by £1,863 (0.5%) and its rental value has increased by £37 per month (2.1%).
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, Radcliffe House 3, London is in very good condition we estimate a sale value of £374,682 and rental value of £1,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,862 and a rental value of £1,644 per month.
If you were able to purchase this property for the estimated value of £356,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,754 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, Radcliffe House 3, London was last sold on 21 Jun 2019 for £395,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2019, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Radcliffe House 3, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 54, Radcliffe House 3, Worcester Close, London, SE20 8FR, a Leasehold flat which sold for £408,000 in Aug 2022.
Read more about house prices in SE20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worcester Close, London, SE20 has a total of 225 addresses. According to our analysis of all the public data, Flat 24, Radcliffe House 3, London is the 58th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in SE20.
Flat 24, Radcliffe House 3, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Oct 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 24, Radcliffe House 3, London is Anerley station which is 500 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, Radcliffe House 3, London, 33.6% of property is socially rented and 33.6% 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 24, Radcliffe House 3, London, 15.7% of residents are recorded as possessing school level qualifications and 56.3% 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, Radcliffe House 3, London, the average age was 35.5 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 24, Radcliffe House 3, 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, Radcliffe House 3, 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.