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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 37B, Palace Square is £563,460 and the estimated rental value is £2,423 per month.
The apartment is within 37, Palace Square, London, SE19.
Palace Square, London, SE19 is located in the borough of Bromley within the SE19 postal district.
37B, Palace Square has 31 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated August 2015.
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 37B, Palace Square is in very good condition we estimate a sale value of £591,633 and a rental value of £2,545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,018 and a rental value of £2,254 per month.
Over the last 12 months the sale value of 37B Palace Square has decreased by an estimated £6,328 (1.1%) and its rental value has increased by an estimated £84 per month (3.5%), giving an expected gross yield of 5.2%.
37B, Palace Square has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Aug 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 37B, Palace Square was last sold on 30th September 2021 for £585,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2021, the market for similar properties has dropped 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37B, Palace Square within a radius of 320 metres over the last 2 years.
The most recent example is 34, Waldegrave Road, London, SE19 2AJ, a leasehold flat which sold for £580,000 on the 11th August 2023.
Read more about house prices in SE19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Square, London, SE19 has a total of 65 addresses. According to our analysis of all the public data, 37B, Palace Square is the 21st largest and the 17th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in SE19.
The closest station to 37B, Palace Square is Crystal Palace station which is 300 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 37B, Palace Square, 45.5% of property is privately owned with a mortgage and 23.6% is socially rented.
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 37B, Palace Square, 15.4% of residents are recorded as possessing school level qualifications and 58.3% 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 37B, Palace Square, the average age was 35.5 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 37B, Palace Square, 3.0% 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 37B, Palace Square, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.