According to the public record, Flat 6, Spindle House, Sidcup is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Spindle House, Manor Road, Sidcup, DA15.
Manor Road, Sidcup, DA15 is located in the borough of Bexley within the DA15 postal district.
Flat 6, Spindle House, Sidcup has 61 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated July 2016.
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 Spindle House Sidcup as £263,065 and the rental value as £1,420 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 6 Spindle House Sidcup has increased by £613 (0.2%) and its rental value has increased by £54 per month (3.8%).
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, Spindle House, Sidcup is in very good condition we estimate a sale value of £276,218 and rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,651 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £263,065, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,293 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, Spindle House, Sidcup was last sold on 12 Dec 2016 for £265,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2016, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Spindle House, Sidcup within a radius of 460 metres over the last 2 years.
The most recent example is Flat 1, Hornbeam House, Manor Road, Sidcup, DA15 7JA, a Leasehold flat which sold for £285,000 in Feb 2023.
Read more about house prices in DA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Road, Sidcup, DA15 has a total of 176 addresses. According to our analysis of all the public data, Flat 6, Spindle House, Sidcup is the 114th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in DA15.
Flat 6, Spindle House, Sidcup has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 Jul 2016.
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, Spindle House, Sidcup is Sidcup station which is 300 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, Spindle House, Sidcup, 48.4% of property is privately owned with a mortgage 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, Spindle House, Sidcup, 16.3% of residents are recorded as possessing school level qualifications and 43.8% 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, Spindle House, Sidcup, the average age was 41.1 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, Spindle House, Sidcup, 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 6, Spindle House, Sidcup, 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.