According to the public record, 2 Parkgate Cottages, Orpington is a early-century freehold house with 721 ft2 of internal area and sits on a 411 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Parkgate Road, Orpington, BR6 is located in the borough of Sevenoaks within the BR6 postal district.
2 Parkgate Cottages, Orpington has 3 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated January 2014.
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 2 Parkgate Cottages Orpington as £388,895 and the rental value as £1,956 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2 Parkgate Cottages Orpington has increased by £5,189 (1.3%) and its rental value has increased by £121 per month (6.2%).
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 2 Parkgate Cottages, Orpington is in very good condition we estimate a sale value of £408,340 and rental value of £2,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,672 and a rental value of £1,819 per month.
If you were able to purchase this property for the estimated value of £388,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,911 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, 2 Parkgate Cottages, Orpington sits on a plot of 411m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2 Parkgate Cottages, Orpington sits on the 4th largest plot.
According to HM Land Registry, 2 Parkgate Cottages, Orpington was last sold on 10 Aug 2016 for £389,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2016, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Parkgate Cottages, Orpington within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 69, Newports, Swanley, BR8 8LF, a Freehold house which sold for £330,000 in Feb 2023.
Read more about house prices in BR6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkgate Road, Orpington, BR6 has a total of 19 addresses. According to our analysis of all the public data, 2 Parkgate Cottages, Orpington is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in BR6.
2 Parkgate Cottages, Orpington has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Jan 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
The closest station to 2 Parkgate Cottages, Orpington is Knockholt station which is 2.6 kilometres 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 2 Parkgate Cottages, Orpington, 37.1% of property is privately owned with a mortgage and 27.9% 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 2 Parkgate Cottages, Orpington, 19.4% of residents are recorded as possessing school level qualifications and 24.6% 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 2 Parkgate Cottages, Orpington, the average age was 41.7 and the most common age was 32.
The graph below shows how this compares to South East 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 2 Parkgate Cottages, Orpington, 0.3% of property was a second home.
Comparison figures for South East 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 2 Parkgate Cottages, Orpington, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.