According to the public record, Flat 88, Passfields, London is a mid-century apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Passfields, Bromley Road, London, SE6.
Bromley Road, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
Flat 88, Passfields, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2014.
We combine this information with public data 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 88 Passfields London as £317,127 and the rental value as £1,759 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 88 Passfields London has decreased by £1,988 (0.6%) and its rental value has increased by £61 per month (3.4%).
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 88, Passfields, London is in very good condition we estimate a sale value of £332,983 and rental value of £1,846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,928 and a rental value of £1,635 per month.
If you were able to purchase this property for the estimated value of £317,127, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,559 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 88, Passfields, London was last sold on 16 Dec 2004 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 88, Passfields, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 98, Passfields, Bromley Road, London, SE6 2RF, a Leasehold flat which sold for £302,500 in Nov 2021.
Read more about house prices in SE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley Road, London, SE6 has a total of 975 addresses. According to our analysis of all the public data, Flat 88, Passfields, London is the 165th largest and the 313th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in SE6.
Flat 88, Passfields, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 May 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 88, Passfields, London is Bellingham station which is 400 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 88, Passfields, London, 59.4% of property is socially rented and 23.1% 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 88, Passfields, London, 30.2% of residents are recorded as possessing school level qualifications and 29.7% 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 88, Passfields, London, the average age was 35.7 and the most common age was 12.
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 88, Passfields, London, 0.3% 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 88, Passfields, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.