According to the public record, Flat 8, The Gardens, London is a early-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Gardens, Whitehorse Lane, London, SE25.
Whitehorse Lane, London, SE25 is located in the borough of Croydon within the SE25 postal district.
Flat 8, The Gardens, London has 31 entries in the Land Registry database, most recently in May 2007 and a single entry in the EPC database dated November 2023.
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 8 The Gardens London as £283,567 and the rental value as £1,424 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 8 The Gardens London has increased by £2,205 (0.8%) and its rental value has increased by £11 per month (0.8%).
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 8, The Gardens, London is in very good condition we estimate a sale value of £297,746 and rental value of £1,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,718 and a rental value of £1,325 per month.
If you were able to purchase this property for the estimated value of £283,567, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,394 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 8, The Gardens, London was last sold on 02 May 2007 for £169,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2007, the market for similar properties has risen 61.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, The Gardens, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 5, The Gardens, Whitehorse Lane, London, SE25 6UN, a Leasehold flat which sold for £315,000 in Feb 2023.
Read more about house prices in SE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whitehorse Lane, London, SE25 has a total of 352 addresses. According to our analysis of all the public data, Flat 8, The Gardens, London is the 262nd largest and the 246th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in SE25.
Flat 8, The Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 8, The Gardens, London is Norwood Junction station which is 700 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 8, The Gardens, London, 36.6% of property is privately owned with a mortgage and 36.6% is privately 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 8, The Gardens, London, 22.1% of residents are recorded as possessing school level qualifications and 48.7% 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 8, The Gardens, London, the average age was 38.4 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 8, The Gardens, London, 0.4% 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 8, The Gardens, 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.