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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, 7, Merino Place, Sidcup is a mid-century leasehold apartment with 580 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Merino Place, Sidcup is £244,004 and the estimated rental value is £1,539 per month.
Merino Place, Sidcup, DA15 is located in the borough of Bexley within the DA15 postal district.
7, Merino Place, Sidcup has a single entry in the Land Registry from July 2007 and a single entry in the EPC database dated February 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.
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 7, Merino Place, Sidcup is in very good condition we estimate a sale value of £256,204 and a rental value of £1,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,924 and a rental value of £1,431 per month.
Over the last 12 months the sale value of 7 Merino Place Sidcup has decreased by an estimated £1,289 (0.5%) and its rental value has increased by an estimated £59 per month (3.8%), giving an expected gross yield of 7.6%.
7, Merino Place, Sidcup has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2010.
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, 7, Merino Place, Sidcup was last sold on 13th July 2007 for £146,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Merino Place, Sidcup within a radius of 470 metres over the last 2 years.
The most recent example is 45, Gwillim Close, Sidcup, DA15 9NQ, a leasehold flat which sold for £262,000 on the 29th November 2023.
Read more about house prices in DA15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merino Place, Sidcup, DA15 has a total of 30 addresses. According to our analysis of all the public data, 7, Merino Place, Sidcup is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in DA15.
The nearest school is Blackfen School for Girls which is 400 metres away. The nearest train station is Welling which is 1.6 kilometres away.
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