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In this area, houses of this size normally have 5 bedrooms with a garden.
16, Parkwood Road, Bexley has an estimated sale value of £547,179 and an estimated rental value of £2,803 per month, assuming reasonable condition and based on the information available.
Parkwood Road, Bexley, DA5 lies in the borough of Bexley, within the DA5 postal district.
16, Parkwood Road, Bexley has 21 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 16, Parkwood Road, Bexley would be worth £574,538, with a potential rental value of £2,943 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £508,876, with a rental value of £2,607 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Parkwood Road, Bexley has declined by £6,983 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £96 (3.4%). The property's estimated gross yield is currently 6.1%.
16, Parkwood Road, Bexley occupies a 1,537 m2 plot as recorded by HM Land Registry.
All 41 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
16, Parkwood Road, Bexley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
16, Parkwood Road, Bexley last changed hands on 4th August 2023, selling for £523,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 21.8% since August 2023.
Land Registry records and our Estate Agent network show 3 sales within 700 metres of 16, Parkwood Road, Bexley across the last 2 years.
Most recently, 5, Parkwood Road, Bexley, DA5 3NW, a freehold house, sold at £750,000 on the 28th March 2023.
Read more about house prices in DA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, Parkwood Road, Bexley as the 2nd largest and the 32nd most expensive of the 41 addresses on Parkwood Road, Bexley, DA5.
Against the DA5 postcode district average, it is £8k less expensive than the typical property.
Bexley station is the nearest stop to 16, Parkwood Road, Bexley at 600 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Parkwood Road, Bexley, 62.0% of property is privately owned outright and 32.6% is privately owned with a mortgage.
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 16, Parkwood Road, Bexley, 16.1% of residents are recorded as possessing school level qualifications and 34.7% 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 16, Parkwood Road, Bexley, 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 16, Parkwood Road, Bexley, 0.6% 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 16, Parkwood Road, Bexley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.