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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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42, Watson Place is recorded publicly as a modern leasehold apartment across 947 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 42, Watson Place is £382,665 and its rental estimate is £1,995 per month, given the available information and assuming reasonable condition.
Watson Place, London, SE25 falls within the SE25 postal district, in the borough of Croydon.
42, Watson Place has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 42, Watson Place, we estimate a market value of £401,799 and a rental value of £2,095 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £355,879 and £1,856 per month respectively.
Over the last year, 42, Watson Place has seen its estimated sale value drop by £4,444 (1.2%) and its estimated rental value rise by £60 per month (3.0%). This results in an estimated gross rental yield of 6.3%.
42, Watson Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 May 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 42, Watson Place completed on 12th December 2013 at £246,495 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.5% over the period since December 2013.
Over the past 2 years 3 properties similar to 42, Watson Place have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2022, was 53, Watson Place, London, SE25 5EX, a leasehold flat which sold for £390,000.
Read more about house prices in SE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 101 addresses on Watson Place, London, SE25, 42, Watson Place comes out as the 25th largest and the 25th most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the SE25 district.
From 42, Watson Place, the nearest station is Norwood Junction, 600 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Watson Place, 37.6% of property is privately owned with a mortgage and 27.9% 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 42, Watson Place, 25.7% of residents are recorded as possessing school level qualifications and 45.6% 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 42, Watson Place, the average age was 35.4 and the most common age was 37.
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 42, Watson Place, 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 42, Watson Place, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
