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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, 55B, Penge Road is a period leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 55B, Penge Road is £166,508 and the estimated rental value is £970 per month.
The apartment is within 55, Penge Road, London, SE25.
Penge Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
55B, Penge Road has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 55B, Penge Road is in very good condition we estimate a sale value of £174,834 and a rental value of £1,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,853 and a rental value of £902 per month.
Over the last 12 months the sale value of 55B Penge Road has decreased by an estimated £845 (0.5%) and its rental value has increased by an estimated £35 per month (3.6%), giving an expected gross yield of 7%.
55B, Penge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2018.
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, 55B, Penge Road was last sold on 13th October 2015 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55B, Penge Road within a radius of 380 metres over the last 2 years.
The most recent example is 55D, Penge Road, London, SE25 4EJ, a leasehold flat which sold for £150,000 on the 24th June 2022.
Read more about house prices in SE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penge Road, London, SE25 has a total of 269 addresses. According to our analysis of all the public data, 55B, Penge Road is the 250th largest and the 262nd most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in SE25.
The nearest school is Harris Academy South Norwood which is 400 metres away. The nearest train station is Norwood Junction which is 600 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
