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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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According to the public record, 55, Penge Road is a period leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Penge Road is £174,416 and the estimated rental value is £1,015 per month.
The apartment is within 55, Penge Road, London, SE25.
Penge Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
55, Penge Road has 61 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 55, Penge Road is in very good condition we estimate a sale value of £183,137 and a rental value of £1,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,207 and a rental value of £944 per month.
Over the last 12 months the sale value of 55 Penge Road has increased by an estimated £1,403 (0.8%) and its rental value has increased by an estimated £47 per month (4.6%), giving an expected gross yield of 7%.
55, Penge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 55, Penge Road was last sold on 9th August 2019 for £168,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since August 2019, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Penge Road within a radius of 380 metres over the last 2 years.
The most recent example is Flat 5, 47, Penge Road, London, SE25 4EJ, a leasehold flat which sold for £172,500 on the 12th February 2021.
Read more about house prices in SE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penge Road, London, SE25 has a total of 269 addresses. According to our analysis of all the public data, 55, Penge Road is the 239th largest and the 258th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in SE25.
The nearest school is Harris Academy South Norwood which is 447 metres away. The nearest train station is Norwood Junction which is 600 metres away.
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