According to the public record, Flat 3, Penshurst House 6, London is a mid-century leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Penshurst House, Lovelinch Close, London, SE15.
Lovelinch Close, London, SE15 is located in the borough of Lewisham within the SE15 postal district.
Flat 3, Penshurst House 6, London has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated November 2017.
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 Penshurst House 6 London as £304,081 and the rental value as £1,651 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 3 Penshurst House 6 London has increased by £7,025 (2.3%) and its rental value has increased by £97 per month (5.9%).
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, Penshurst House 6, London is in very good condition we estimate a sale value of £319,285 and rental value of £1,733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,795 and a rental value of £1,535 per month.
If you were able to purchase this property for the estimated value of £304,081, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,494 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, Penshurst House 6, London was last sold on 20 Dec 2017 for £312,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Penshurst House 6, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 10, Hever House 7, Lovelinch Close, London, SE15 1HA, a Leasehold flat which sold for £327,000 in Feb 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lovelinch Close, London, SE15 has a total of 366 addresses. According to our analysis of all the public data, Flat 3, Penshurst House 6, London is the 145th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in SE15.
Flat 3, Penshurst House 6, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2017.
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, Penshurst House 6, London is South Bermondsey station which is 600 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, Penshurst House 6, London, 44.0% of property is socially rented and 34.8% 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, Penshurst House 6, London, 27.3% of residents are recorded as possessing school level qualifications and 38.3% 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 3, Penshurst House 6, London, the average age was 33.3 and the most common age was 27.
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, Penshurst House 6, 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 3, Penshurst House 6, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.