According to the public record, 1, Reed Avenue, Orpington is a mid-century freehold house and with 936 ft2 of internal area and sits on a 455 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reed Avenue, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
1, Reed Avenue, Orpington has a single entry in the Land Registry database from January 2014 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Reed Avenue Orpington as £563,037 and the rental value as £2,365 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 1 Reed Avenue Orpington has increased by £4,841 (0.9%) and its rental value has increased by £129 per month (5.4%).
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 1, Reed Avenue, Orpington is in very good condition we estimate a sale value of £591,189 and rental value of £2,483 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £523,624 and a rental value of £2,199 per month.
If you were able to purchase this property for the estimated value of £563,037, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,767 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Reed Avenue, Orpington sits on a plot of 455m2.
We have plot size data on 5 out of 12 other houses in the postcode and 1, Reed Avenue, Orpington sits on the 3rd largest plot.
According to HM Land Registry, 1, Reed Avenue, Orpington was last sold on 09 Jan 2014 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has risen 49.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Reed Avenue, Orpington within a radius of 134m over the last 2 years.
The most recent example is 149, Tubbenden Lane, Orpington, BR6 9PS, a Freehold house which sold for £480,000 in Jan 2024.
Read more about house prices in BR6.
Reed Avenue, Orpington, BR6 has a total of 31 addresses. According to our analysis of all the public data, 1, Reed Avenue, Orpington is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in BR6.
1, Reed Avenue, Orpington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Oct 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Reed Avenue, Orpington is Orpington station which is 800 m away.
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 1, Reed Avenue, Orpington, 44.8% of property is privately owned outright and 41.0% is privately owned with a mortgage.
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 1, Reed Avenue, Orpington, 23.2% of residents are recorded as possessing school level qualifications and 48.6% 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 1, Reed Avenue, Orpington, the average age was 43.3 and the most common age was 57.
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 1, Reed Avenue, Orpington, 0.8% 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 1, Reed Avenue, Orpington, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.