According to the public record, Flat 6, Newnham Lodge 19, Belvedere is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Newnham Lodge, Erith Road, Belvedere, DA17.
Erith Road, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
Flat 6, Newnham Lodge 19, Belvedere has 41 entries in the Land Registry database, most recently in August 2012 and a single entry in the EPC database dated August 2019.
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 6 Newnham Lodge 19 Belvedere as £200,380 and the rental value as £1,257 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 6 Newnham Lodge 19 Belvedere has increased by £2,411 (1.2%) and its rental value has increased by £75 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 6, Newnham Lodge 19, Belvedere is in very good condition we estimate a sale value of £210,399 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,353 and a rental value of £1,169 per month.
If you were able to purchase this property for the estimated value of £200,380, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £985 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, Newnham Lodge 19, Belvedere was last sold on 24 Aug 2012 for £115,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2012, the market for similar properties has risen 84.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Newnham Lodge 19, Belvedere within a radius of 490 metres over the last 2 years.
The most recent example is Flat 9, Newnham Lodge 19, Erith Road, Belvedere, DA17 6HB, a Leasehold flat which sold for £195,000 in Aug 2022.
Read more about house prices in DA17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erith Road, Belvedere, DA17 has a total of 241 addresses. According to our analysis of all the public data, Flat 6, Newnham Lodge 19, Belvedere is the 208th largest and the 169th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in DA17.
Flat 6, Newnham Lodge 19, Belvedere has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, Newnham Lodge 19, Belvedere is Belvedere 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 6, Newnham Lodge 19, Belvedere, 60.9% of property is privately owned outright and 23.5% 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 6, Newnham Lodge 19, Belvedere, 11.4% of residents are recorded as possessing school level qualifications and 20.6% 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, Newnham Lodge 19, Belvedere, the average age was 38.8 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 6, Newnham Lodge 19, Belvedere, 4.7% 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, Newnham Lodge 19, Belvedere, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.