According to the public record, Flat 6, Gatesby Court 3, London is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gatesby Court, Hatcham Street, London, SE26.
Hatcham Street, London, SE26 is located in the borough of Bromley within the SE26 postal district.
Flat 6, Gatesby Court 3, London has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated January 2022.
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 good condition, we estimate the current sale value for Flat 6 Gatesby Court 3 London as £458,846 and the rental value as £2,026 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 6 Gatesby Court 3 London has increased by £6,245 (1.4%) and its rental value has increased by £97 per month (4.8%).
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 6, Gatesby Court 3, London is in very good condition we estimate a sale value of £481,789 and rental value of £2,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,727 and a rental value of £1,884 per month.
If you were able to purchase this property for the estimated value of £458,846, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,255 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 6, Gatesby Court 3, London was last sold on 18 Mar 2022 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Gatesby Court 3, London within a radius of 550 metres over the last 2 years.
The most recent example is Flat 15, Gatesby Court 3, Hatcham Street, London, SE26 5FQ, a Leasehold flat which sold for £461,000 in Jun 2022.
Read more about house prices in SE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hatcham Street, London, SE26 has a total of 56 addresses. According to our analysis of all the public data, Flat 6, Gatesby Court 3, London is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in SE26.
Flat 6, Gatesby Court 3, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 6, Gatesby Court 3, London is Lower Sydenham station which is 200 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 6, Gatesby Court 3, London, 31.1% of property is privately rented and 29.4% is privately owned outright.
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 6, Gatesby Court 3, London, 10.1% of residents are recorded as possessing school level qualifications and 39.2% 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 6, Gatesby Court 3, London, the average age was 39.7 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 6, Gatesby Court 3, London, 1.0% 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 6, Gatesby Court 3, 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.