According to the public record, 12, Mere Close, Orpington is a mid-century freehold house and with 1,377 ft2 of internal area and sits on a 495 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mere Close, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
12, Mere Close, Orpington has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated February 2023.
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 12 Mere Close Orpington as £775,739 and the rental value as £2,685 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 12 Mere Close Orpington has decreased by £4,317 (0.6%) and its rental value has increased by £106 per month (3.9%).
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 12, Mere Close, Orpington is in very good condition we estimate a sale value of £814,526 and rental value of £2,820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £721,437 and a rental value of £2,497 per month.
If you were able to purchase this property for the estimated value of £775,739, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,813 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, 12, Mere Close, Orpington sits on a plot of 495m2.
We have plot size data on 10 out of 18 other houses in the postcode and 12, Mere Close, Orpington sits on the 2nd largest plot.
According to HM Land Registry, 12, Mere Close, Orpington was last sold on 21 Jul 2023 for £770,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Mere Close, Orpington within a radius of 350m over the last 2 years.
The most recent example is 35, Fairbank Avenue, Orpington, BR6 8JY, a Freehold house which sold for £699,000 in Sep 2023.
Read more about house prices in BR6.
Mere Close, Orpington, BR6 has a total of 18 addresses. According to our analysis of all the public data, 12, Mere Close, Orpington is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £141k more expensive than the average property in BR6.
12, Mere Close, Orpington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Feb 2023.
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 12, Mere Close, Orpington is Orpington station which is 2.0 km 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 12, Mere Close, Orpington, 54.6% of property is privately owned outright and 40.2% 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 12, Mere Close, Orpington, 21.3% of residents are recorded as possessing school level qualifications and 34.9% 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 12, Mere Close, Orpington, the average age was 44.2 and the most common age was 52.
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 12, Mere Close, Orpington, 0.0% 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 12, Mere Close, Orpington, 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.