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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 4, Cromwell Lodge 50, Bexleyheath is a modern leasehold apartment with 484 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 Flat 4, Cromwell Lodge 50, Bexleyheath is £226,127 and the estimated rental value is £1,247 per month.
The apartment is within Cromwell Lodge, Upton Road, Bexleyheath, DA6.
Upton Road, Bexleyheath, DA6 is located in the borough of Bexley within the DA6 postal district.
Flat 4, Cromwell Lodge 50, Bexleyheath has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Flat 4, Cromwell Lodge 50, Bexleyheath is in very good condition we estimate a sale value of £237,433 and a rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,298 and a rental value of £1,160 per month.
Over the last 12 months the sale value of Flat 4 Cromwell Lodge 50 Bexleyheath has decreased by an estimated £5,075 (2.2%) and its rental value has increased by an estimated £52 per month (4.2%), giving an expected gross yield of 6.6%.
Flat 4, Cromwell Lodge 50, Bexleyheath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 4, Cromwell Lodge 50, Bexleyheath was last sold on 22nd October 2021 for £228,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has dropped 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Cromwell Lodge 50, Bexleyheath within a radius of 520 metres over the last 2 years.
The most recent example is 37, Sunland Avenue, Bexleyheath, DA6 8LP, a leasehold flat which sold for £205,000 on the 21st January 2022.
Read more about house prices in DA6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upton Road, Bexleyheath, DA6 has a total of 213 addresses. According to our analysis of all the public data, Flat 4, Cromwell Lodge 50, Bexleyheath is the 207th largest and the 207th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in DA6.
The closest station to Flat 4, Cromwell Lodge 50, Bexleyheath is Bexleyheath station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Cromwell Lodge 50, Bexleyheath, 45.7% of property is privately owned with a mortgage and 34.9% is privately owned outright.
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 Flat 4, Cromwell Lodge 50, Bexleyheath, 16.6% of residents are recorded as possessing school level qualifications and 33.0% 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 Flat 4, Cromwell Lodge 50, Bexleyheath, the average age was 41.1 and the most common age was 37.
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 Flat 4, Cromwell Lodge 50, Bexleyheath, 0.3% 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 Flat 4, Cromwell Lodge 50, Bexleyheath, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
