According to the public record, 38, Strickland Way, Orpington is a mid-century leasehold apartment and with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Strickland Way, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
38, Strickland Way, Orpington has a single entry in the Land Registry database from October 2006 and a single entry in the EPC database dated October 2016.
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 38 Strickland Way Orpington as £248,272 and the rental value as £1,093 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 38 Strickland Way Orpington has increased by £2,271 (0.9%) and its rental value has increased by £60 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 38, Strickland Way, Orpington is in very good condition we estimate a sale value of £260,685 and rental value of £1,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,893 and a rental value of £1,017 per month.
If you were able to purchase this property for the estimated value of £248,272, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,220 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 HM Land Registry, 38, Strickland Way, Orpington was last sold on 19 Oct 2006 for £152,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Strickland Way, Orpington within a radius of 175m over the last 2 years.
The most recent example is 22, Bishop Butt Close, Orpington, BR6 9UF, a Leasehold flat which sold for £265,000 in May 2022.
Read more about house prices in BR6.
Strickland Way, Orpington, BR6 has a total of 25 addresses. According to our analysis of all the public data, 38, Strickland Way, Orpington is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £387k less expensive than the average property in BR6.
38, Strickland Way, Orpington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 38, Strickland Way, Orpington is Orpington station which is 1.0 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 38, Strickland Way, Orpington, 35.9% of property is privately owned with a mortgage and 33.6% 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 38, Strickland Way, Orpington, 22.4% of residents are recorded as possessing school level qualifications and 42.7% 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 38, Strickland Way, 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 38, Strickland Way, 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 38, Strickland Way, Orpington, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.