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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 77, Morvale Close, Belvedere is £190,957 and the estimated rental value is £1,221 per month.
Morvale Close, Belvedere, DA17 is located in the borough of Bexley within the DA17 postal district.
77, Morvale Close, Belvedere has 4 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated February 2024.
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 77, Morvale Close, Belvedere is in very good condition we estimate a sale value of £200,505 and a rental value of £1,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,590 and a rental value of £1,136 per month.
Over the last 12 months the sale value of 77 Morvale Close Belvedere has increased by an estimated £1,285 (0.7%) and its rental value has increased by an estimated £58 per month (4.8%), giving an expected gross yield of 7.7%.
77, Morvale Close, Belvedere has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 77, Morvale Close, Belvedere was last sold on 13th October 2017 for £200,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2017, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Morvale Close, Belvedere within a radius of 490 metres over the last 2 years.
The most recent example is 5, Hattersfield Close, Belvedere, DA17 5QT, a leasehold flat which sold for £260,000 on the 30th May 2022.
Read more about house prices in DA17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morvale Close, Belvedere, DA17 has a total of 49 addresses. According to our analysis of all the public data, 77, Morvale Close, Belvedere is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in DA17.
The closest station to 77, Morvale Close, Belvedere is Belvedere station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 77, Morvale Close, Belvedere, 32.3% of property is privately owned with a mortgage and 26.8% is privately owned outright.
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 77, Morvale Close, Belvedere, 19.4% of residents are recorded as possessing school level qualifications and 33.1% 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 77, Morvale Close, Belvedere, the average age was 35.7 and the most common age was 32.
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 77, Morvale Close, Belvedere, 0.0% 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 77, Morvale Close, Belvedere, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.