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According to the public record, 88D, Penge Road is a period leasehold apartment with 592 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 88D, Penge Road is £260,085 and the estimated rental value is £1,422 per month.
The apartment is within 88, Penge Road, London, SE20.
Penge Road, London, SE20 is located in the borough of Bromley within the SE20 postal district.
88D, Penge Road has 21 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated November 2019.
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 88D, Penge Road is in very good condition we estimate a sale value of £273,089 and a rental value of £1,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,879 and a rental value of £1,323 per month.
Over the last 12 months the sale value of 88D Penge Road has decreased by an estimated £2,301 (0.9%) and its rental value has increased by an estimated £45 per month (3.1%), giving an expected gross yield of 6.6%.
88D, Penge Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2019.
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, 88D, Penge Road was last sold on 4th January 2018 for £248,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2018, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88D, Penge Road within a radius of 380 metres over the last 2 years.
The most recent example is Flat 3, 45, Selby Road, London, SE20 8ST, a leasehold flat which sold for £275,000 on the 19th July 2024.
Read more about house prices in SE20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penge Road, London, SE20 has a total of 60 addresses. According to our analysis of all the public data, 88D, Penge Road is the 30th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SE20.
The nearest school is St Mark's Church of England Primary Academy which is 600 metres away. The nearest train station is Norwood Junction which is 800 metres away.
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