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According to the public record, Flat 36, Passfields is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 36, Passfields is £254,227 and the estimated rental value is £1,521 per month.
The apartment is within Passfields, Bromley Road, London, SE6.
Bromley Road, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
Flat 36, Passfields has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated March 2022.
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 36, Passfields is in very good condition we estimate a sale value of £266,938 and a rental value of £1,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,431 and a rental value of £1,415 per month.
Over the last 12 months the sale value of Flat 36 Passfields has increased by an estimated £5,183 (2.0%) and its rental value has increased by an estimated £82 per month (5.4%), giving an expected gross yield of 7.2%.
Flat 36, Passfields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2022.
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, Flat 36, Passfields was last sold on 31st March 2023 for £237,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 36, Passfields within a radius of 480 metres over the last 2 years.
The most recent example is Flat 56, Passfields, Bromley Road, London, SE6 2RD, a leasehold flat which sold for £215,000 on the 27th May 2020.
Read more about house prices in SE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley Road, London, SE6 has a total of 979 addresses. According to our analysis of all the public data, Flat 36, Passfields is the 831st largest and the 834th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in SE6.
The nearest school is Conisborough College which is 352 metres away. The nearest train station is Bellingham which is 300 metres away.
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