24, Palmeira Road
24, Palmeira Road
Description & Estimates
24, Palmeira Road, Bexleyheath is recorded publicly as a period freehold house across 1,005 ft2 of internal area, sitting on a 172 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 24, Palmeira Road, Bexleyheath is £470,400 and its rental estimate is £2,139 per month, given the available information and assuming reasonable condition.
Palmeira Road, Bexleyheath, DA7 falls within the DA7 postal district, in the borough of Bexley.
Our Data Sources
24, Palmeira Road, Bexleyheath has 21 entries in the Land Registry , most recently in December 2010 and a single entry in the EPC database dated May 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Palmeira Road, Bexleyheath, we estimate a market value of £493,920 and a rental value of £2,246 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £437,472 and £1,989 per month respectively.
Recent Market Change
Over the last year, 24, Palmeira Road, Bexleyheath has seen its estimated sale value move up by £3,914 (0.8%) and its estimated rental value increase by £112 per month (5.2%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 24, Palmeira Road, Bexleyheath as measuring 172 m2.
That makes it the 21st largest plot in the postcode, where 34 of the 44 other houses have recorded plot data.
Energy Efficiency
24, Palmeira Road, Bexleyheath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Palmeira Road, Bexleyheath completed on 22nd December 2010 at £197,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 89.2% over the period since December 2010.
- Sold Dec 2010£197,000
- Sold Jan 1998£82,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Palmeira Road, Bexleyheath have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 83, Palmeira Road, Bexleyheath, DA7 4UU, a freehold house which sold for £445,000.
Read more about house prices in DA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 90 addresses on Palmeira Road, Bexleyheath, DA7, 24, Palmeira Road, Bexleyheath comes out as the 22nd largest and the 25th most expensive in our analysis of the public data.
It is also £7k less expensive than the average property across the DA7 district.
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Schools Nearby
- 200mBarrington Primary School
- 200mFoster's Primary School
- 500mCrook Log Primary School
- 1.0kmWelling School
- 1.4kmBexley Grammar School
- 1.5kmLift Bexleyheath
More reading links
Public Transport Nearby
From 24, Palmeira Road, Bexleyheath, the nearest station is Bexleyheath, 600 metres away.
- 600mBexleyheath
- 1.6kmWelling
- 2.5kmBarnehurst
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
