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According to the public record, 8, Elder Oak Close is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 927 ft2 of internal area and sits on a 171 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Elder Oak Close is £473,049 and the estimated rental value is £2,341 per month.
Elder Oak Close, London, SE20 is located in the borough of Bromley within the SE20 postal district.
8, Elder Oak Close has 2 entries in the Land Registry , most recently in March 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 8, Elder Oak Close is in very good condition we estimate a sale value of £496,701 and a rental value of £2,458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,936 and a rental value of £2,177 per month.
Over the last 12 months the sale value of 8 Elder Oak Close has decreased by an estimated £2,020 (0.4%) and its rental value has increased by an estimated £85 per month (3.6%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 8, Elder Oak Close sits on a plot of 171m2.
We have plot size data on 8 out of 11 other houses in the postcode and 8, Elder Oak Close sits on the 5th largest plot.
According to HM Land Registry, 8, Elder Oak Close was last sold on 19th March 2015 for £395,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2015, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elder Oak Close within a radius of 400 metres over the last 2 years.
The most recent example is 7, Elder Oak Close, London, SE20 8BJ, a freehold house which sold for £450,000 on the 6th June 2023.
Read more about house prices in SE20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Oak Close, London, SE20 has a total of 13 addresses. According to our analysis of all the public data, 8, Elder Oak Close is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in SE20.
The nearest school is James Dixon Primary School which is 190 metres away. The nearest train station is Anerley which is 200 metres away.
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