According to the public record, Flat 37, Altus House 335-337, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 719 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Altus House, Bromley Road, London, SE6.
Bromley Road, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
Flat 37, Altus House 335-337, London has 2 entries in the Land Registry database, most recently in November 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 37 Altus House 335-337 London as £324,815 and the rental value as £1,686 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 37 Altus House 335-337 London has increased by £410 (0.1%) and its rental value has increased by £71 per month (4.2%).
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 37, Altus House 335-337, London is in very good condition we estimate a sale value of £341,055 and rental value of £1,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,078 and a rental value of £1,568 per month.
If you were able to purchase this property for the estimated value of £324,815, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,596 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 37, Altus House 335-337, London was last sold on 04 Nov 2019 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 37, Altus House 335-337, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 34, Altus House 335-337, Bromley Road, London, SE6 2DR, a Leasehold flat which sold for £320,000 in Apr 2019.
Read more about house prices in SE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley Road, London, SE6 has a total of 975 addresses. According to our analysis of all the public data, Flat 37, Altus House 335-337, London is the 432nd largest and the 265th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in SE6.
The closest station to Flat 37, Altus House 335-337, London is Beckenham Hill 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 37, Altus House 335-337, London, 49.3% of property is socially rented and 17.4% 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 37, Altus House 335-337, London, 24.2% of residents are recorded as possessing school level qualifications and 30.2% 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 37, Altus House 335-337, London, the average age was 35.7 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 37, Altus House 335-337, 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 37, Altus House 335-337, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.