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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, 63, Watson Place is a modern leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 63, Watson Place is £414,306 and the estimated rental value is £2,160 per month.
Watson Place, London, SE25 is located in the borough of Croydon within the SE25 postal district.
63, Watson Place has a single entry in the Land Registry from October 2013 and a single entry in the EPC database dated August 2023.
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.
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 63, Watson Place is in very good condition we estimate a sale value of £435,021 and a rental value of £2,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,304 and a rental value of £2,009 per month.
Over the last 12 months the sale value of 63 Watson Place has decreased by an estimated £4,811 (1.2%) and its rental value has increased by an estimated £65 per month (3.0%), giving an expected gross yield of 6.3%.
63, Watson Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 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, 63, Watson Place was last sold on 4th October 2013 for £219,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2013, the market for similar properties has risen 45.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Watson Place within a radius of 510 metres over the last 2 years.
The most recent example is 53, Watson Place, London, SE25 5EX, a leasehold flat which sold for £390,000 on the 9th December 2022.
Read more about house prices in SE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watson Place, London, SE25 has a total of 101 addresses. According to our analysis of all the public data, 63, Watson Place is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in SE25.
The nearest school is Heavers Farm Primary School which is 200 metres away. The nearest train station is Norwood Junction which is 600 metres away.
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