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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 E, 5-7, Penge Road is a mid-century leasehold apartment with 548 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 E, 5-7, Penge Road is £222,691 and the estimated rental value is £1,299 per month.
The apartment is within 5-7, Penge Road, London, SE25.
Penge Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
Flat E, 5-7, Penge Road has 51 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated July 2023.
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 E, 5-7, Penge Road is in very good condition we estimate a sale value of £233,825 and a rental value of £1,364 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,103 and a rental value of £1,208 per month.
Over the last 12 months the sale value of Flat E 5-7 Penge Road has decreased by an estimated £1,625 (0.7%) and its rental value has increased by an estimated £36 per month (2.8%), giving an expected gross yield of 7%.
Flat E, 5-7, Penge Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2023.
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 E, 5-7, Penge Road was last sold on 10th May 2024 for £215,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2024, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 5-7, Penge Road within a radius of 370 metres over the last 2 years.
The most recent example is Flat H, 5-7 , Penge Road, London, SE25 4EJ, a leasehold flat which sold for £207,500 on the 7th June 2024.
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 E, 5-7, Penge Road is the 98th largest and the 181st most expensive property on the street.
When compared to the postcode district it is £158k 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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