14, Penge Lane
14, Penge Lane
Description & Estimates
The public record describes 14, Penge Lane as a mid-century apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
14, Penge Lane has an estimated sale value of £173,304 and an estimated rental value of £962 per month, assuming reasonable condition and based on the information available.
The apartment sits within 14, Penge Lane, London, SE20.
Penge Lane, London, SE20 lies in the borough of Bromley, within the SE20 postal district.
Our Data Sources
14, Penge Lane has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 14, Penge Lane would be worth £181,969, with a potential rental value of £1,010 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £161,172, with a rental value of £894 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 14, Penge Lane has declined by £1,534 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (3.1%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
14, Penge Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 14, Penge Lane across the last 2 years.
Most recently, Flat 1, Maple Court, Blenheim Road, London, SE20 8HN, a leasehold flat, sold at £187,500 on the 4th August 2023.
Read more about house prices in SE20.
- Sold Aug 2023£187,500 | 1 Bed FlatMaple Court, Blenheim RoadFlat 1, Maple Court, Blenheim Road, London, SE20 8HN
- Sold Oct 2021£155,000 | 1 Bed FlatPenge Lane19A, Penge Lane, London, SE20 7DU
- Sold Jun 2021£235,000 | 2 Bed FlatStrood House, Evelina RoadFlat 6, Strood House, Evelina Road, London, SE20 8RT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 14, Penge Lane as the 17th largest and the 21st most expensive of the 27 addresses on Penge Lane, London, SE20.
Against the SE20 postcode district average, it is £238k less expensive than the typical property.
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Schools Nearby
- 200mSt John's Church of England Primary School
- 500mHarris Primary Academy Crystal Palace
- 500mHarris Primary Academy Kent House
- 800mHarris Girls Academy Bromley
- 1.8kmForest Hill School
- 1.8kmHarris City Academy Crystal Palace
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Public Transport Nearby
Penge East station is the nearest stop to 14, Penge Lane at 300 metres away.
- 300mPenge East
- 600mPenge West
- 600mKent House
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
