According to the public record, Flat 9, Nesbitt House, Bexleyheath is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Nesbitt House, Gravel Hill Close, Bexleyheath, DA6.
Gravel Hill Close, Bexleyheath, DA6 is located in the borough of Bexley within the DA6 postal district.
Flat 9, Nesbitt House, Bexleyheath has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated February 2017.
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 9 Nesbitt House Bexleyheath as £285,422 and the rental value as £1,560 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 9 Nesbitt House Bexleyheath has increased by £2,714 (1.0%) and its rental value has increased by £92 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 9, Nesbitt House, Bexleyheath is in very good condition we estimate a sale value of £299,693 and rental value of £1,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,442 and a rental value of £1,451 per month.
If you were able to purchase this property for the estimated value of £285,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,403 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 9, Nesbitt House, Bexleyheath was last sold on 04 Jul 2022 for £285,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Nesbitt House, Bexleyheath within a radius of 670 metres over the last 2 years.
The most recent example is Flat 8, Nesbitt House, Gravel Hill Close, Bexleyheath, DA6 7PX, a Leasehold flat which sold for £298,000 in Sep 2022.
Read more about house prices in DA6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gravel Hill Close, Bexleyheath, DA6 has a total of 94 addresses. According to our analysis of all the public data, Flat 9, Nesbitt House, Bexleyheath is the 38th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in DA6.
Flat 9, Nesbitt House, Bexleyheath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2017.
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 9, Nesbitt House, Bexleyheath is Bexley station which is 1.1 kilometres 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 9, Nesbitt House, Bexleyheath, 31.0% of property is privately owned outright and 30.2% 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 9, Nesbitt House, Bexleyheath, 14.5% of residents are recorded as possessing school level qualifications and 27.4% 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 9, Nesbitt House, Bexleyheath, the average age was 42.7 and the most common age was 52.
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 9, Nesbitt House, Bexleyheath, 1.6% 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 9, Nesbitt House, Bexleyheath, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.