According to the public record, Flat 3, 61, Westwood Hill, London is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 61, Westwood Hill, London, SE26.
Westwood Hill, London, SE26 is located in the borough of Lewisham within the SE26 postal district.
Flat 3, 61, Westwood Hill, London has 3 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated April 2021.
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 3 61 Westwood Hill London as £431,872 and the rental value as £1,857 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 3 61 Westwood Hill London has increased by £7,486 (1.7%) and its rental value has increased by £84 per month (4.5%).
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 3, 61, Westwood Hill, London is in very good condition we estimate a sale value of £453,466 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,641 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £431,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,123 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 3, 61, Westwood Hill, London was last sold on 22 Apr 2022 for £450,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 61, Westwood Hill, London within a radius of 490 metres over the last 2 years.
The most recent example is 67E, Crystal Palace Park Road, London, SE26 6UT, a Leasehold flat which sold for £365,000 in Jun 2022.
Read more about house prices in SE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westwood Hill, London, SE26 has a total of 279 addresses. According to our analysis of all the public data, Flat 3, 61, Westwood Hill, London is the 139th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in SE26.
Flat 3, 61, Westwood Hill, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 61, Westwood Hill, London is Sydenham station which is 900 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 3, 61, Westwood Hill, London, 40.2% of property is privately owned with a mortgage and 27.1% 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 3, 61, Westwood Hill, London, 15.4% of residents are recorded as possessing school level qualifications and 68.1% 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 3, 61, Westwood Hill, London, the average age was 37.5 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 3, 61, Westwood Hill, London, 2.3% 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 3, 61, Westwood Hill, 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.