According to the public record, Flat 9, Read House 8, London is a modern leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Read House, Anerley Park, London, SE20.
Anerley Park, London, SE20 is located in the borough of Bromley within the SE20 postal district.
Flat 9, Read House 8, London has a single entry in the Land Registry database from August 2008 and a single entry in the EPC database dated November 2021.
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 Read House 8 London as £206,240 and the rental value as £1,047 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 9 Read House 8 London has increased by £4,709 (2.3%) and its rental value has increased by £55 per month (5.2%).
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, Read House 8, London is in very good condition we estimate a sale value of £216,552 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,803 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £206,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,014 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, Read House 8, London was last sold on 06 Aug 2008 for £112,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 94.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 340 metres radius of Flat 9, Read House 8, London over the last 2 years.
The most recent example is 2C , Anerley Park, London, SE20 8ND, a Leasehold flat which sold for £650,000 in Jun 2021.
Read more about house prices in SE20.
Anerley Park, London, SE20 has a total of 503 addresses. According to our analysis of all the public data, Flat 9, Read House 8, London is the 53rd largest and the 490th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in SE20.
Flat 9, Read House 8, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Nov 2021.
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 9, Read House 8, London is Anerley 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 9, Read House 8, London, 38.0% of property is privately rented and 24.9% 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 9, Read House 8, London, 17.5% of residents are recorded as possessing school level qualifications and 57.5% 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 9, Read House 8, London, the average age was 35.5 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 9, Read House 8, London, 0.2% 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, Read House 8, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.