According to the public record, Flat 7, Hollywood House 1, London is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a roof terrace.
The apartment is in Hollywood House, Station Road, London, SE20.
Station Road, London, SE20 is located in the borough of Bromley within the SE20 postal district.
Flat 7, Hollywood House 1, London has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated January 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 good condition, we estimate the current sale value for Flat 7 Hollywood House 1 London as £371,535 and the rental value as £1,842 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 7 Hollywood House 1 London has decreased by £2,167 (0.6%) and its rental value has increased by £43 per month (2.3%).
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 7, Hollywood House 1, London is in very good condition we estimate a sale value of £390,112 and rental value of £1,934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,528 and a rental value of £1,713 per month.
If you were able to purchase this property for the estimated value of £371,535, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,826 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 7, Hollywood House 1, London was last sold on 07 Feb 2020 for £415,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 7, Hollywood House 1, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 5, Hollywood House 1, Station Road, London, SE20 7BE, a Leasehold flat which sold for £325,000 in Jun 2019.
Read more about house prices in SE20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, London, SE20 has a total of 60 addresses. According to our analysis of all the public data, Flat 7, Hollywood House 1, London is the 41st largest and the 44th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in SE20.
Flat 7, Hollywood House 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, Hollywood House 1, London is Penge East station which is 100 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 7, Hollywood House 1, London, 43.6% of property is privately owned with a mortgage and 21.8% is socially 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 7, Hollywood House 1, London, 11.2% of residents are recorded as possessing school level qualifications and 54.5% 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 7, Hollywood House 1, London, the average age was 39 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 7, Hollywood House 1, 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 7, Hollywood House 1, London, 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.