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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, Flat 3, 47, Penge Road is a period leasehold apartment with 344 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 Flat 3, 47, Penge Road is £182,091 and the estimated rental value is £1,063 per month.
The apartment is within 47, Penge Road, London, SE25.
Penge Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
Flat 3, 47, Penge Road has 4 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated March 2021.
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 Flat 3, 47, Penge Road is in very good condition we estimate a sale value of £191,196 and a rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,345 and a rental value of £989 per month.
Over the last 12 months the sale value of Flat 3 47 Penge Road has increased by an estimated £1,802 (1.0%) and its rental value has increased by an estimated £51 per month (4.8%), giving an expected gross yield of 7%.
Flat 3, 47, Penge Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2021.
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, Flat 3, 47, Penge Road was last sold on 27th May 2016 for £162,700 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2016, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 47, 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, Flat 3, 47, Penge Road is the 256th largest and the 256th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in SE25.
The nearest school is Harris Academy South Norwood which is 447 metres away. The nearest train station is Norwood Junction which is 600 metres away.
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