According to the public record, Lower Floor, 25, Bovill Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 795 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 25, Bovill Road, London, SE23.
Bovill Road, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
Lower Floor, 25, Bovill Road, London has 3 entries in the Land Registry database, most recently in November 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Lower Floor 25 Bovill Road London as £544,838 and the rental value as £2,211 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Lower Floor 25 Bovill Road London has increased by £14,764 (2.7%) and its rental value has increased by £137 per month (6.2%).
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 Lower Floor, 25, Bovill Road, London is in very good condition we estimate a sale value of £572,080 and rental value of £2,321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,700 and a rental value of £2,056 per month.
If you were able to purchase this property for the estimated value of £544,838, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,678 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, Lower Floor, 25, Bovill Road, London was last sold on 01 Nov 2023 for £555,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2023, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower Floor, 25, Bovill Road, London within a radius of 370 metres over the last 2 years.
The most recent example is 58, Bovill Road, London, SE23 1EU, a Leasehold flat which sold for £450,000 in Dec 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bovill Road, London, SE23 has a total of 184 addresses. According to our analysis of all the public data, Lower Floor, 25, Bovill Road, London is the 95th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in SE23.
The closest station to Lower Floor, 25, Bovill Road, London is Honor Oak Park station which is 300 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 Lower Floor, 25, Bovill Road, London, 35.2% of property is privately owned with a mortgage and 26.7% 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 Lower Floor, 25, Bovill Road, London, 18.9% of residents are recorded as possessing school level qualifications and 64.8% 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 Lower Floor, 25, Bovill Road, London, the average age was 36.2 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 Lower Floor, 25, Bovill Road, London, 0.8% 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 Lower Floor, 25, Bovill Road, 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.