According to the public record, 2, Chestnut Close, Orpington is a mid-century freehold house and with 1,044 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chestnut Close, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
2, Chestnut Close, Orpington has 31 entries in the Land Registry database, most recently in July 2022 and 2 entries in the EPC database, most recently in March 2022.
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 Chestnut Close Orpington as £467,006 and the rental value as £2,233 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2 Chestnut Close Orpington has increased by £4,184 (0.9%) and its rental value has increased by £122 per month (5.5%).
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, Chestnut Close, Orpington is in very good condition we estimate a sale value of £490,357 and rental value of £2,344 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,316 and a rental value of £2,076 per month.
If you were able to purchase this property for the estimated value of £467,006, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,295 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, Chestnut Close, Orpington sits on a plot of 232m2.
We have plot size data on 13 out of 15 other houses in the postcode and 2, Chestnut Close, Orpington sits on the 4th largest plot.
According to HM Land Registry, 2, Chestnut Close, Orpington was last sold on 18 Jul 2022 for £492,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chestnut Close, Orpington within a radius of 59m over the last 2 years.
The most recent example is 6, Chestnut Close, Orpington, BR6 6LP, a Freehold house which sold for £425,000 in May 2022.
Read more about house prices in BR6.
Chestnut Close, Orpington, BR6 has a total of 15 addresses. According to our analysis of all the public data, 2, Chestnut Close, Orpington is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in BR6.
2, Chestnut Close, Orpington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2022.
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 2, Chestnut Close, Orpington is Chelsfield 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 2, Chestnut Close, Orpington, 41.5% of property is privately owned outright and 40.7% 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 2, Chestnut Close, Orpington, 24.3% of residents are recorded as possessing school level qualifications and 41.1% 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, Chestnut Close, Orpington, the average age was 41.4 and the most common age was 42.
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 2, Chestnut 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 2, Chestnut 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.