According to the public record, 48, Strickland Way, Orpington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 881 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Strickland Way, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
48, Strickland Way, Orpington has a single entry in the Land Registry database from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 48 Strickland Way Orpington as £400,677 and the rental value as £1,836 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 48 Strickland Way Orpington has increased by £2,993 (0.7%) and its rental value has increased by £98 per month (5.3%).
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 48, Strickland Way, Orpington is in very good condition we estimate a sale value of £420,711 and rental value of £1,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,629 and a rental value of £1,707 per month.
If you were able to purchase this property for the estimated value of £400,677, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,969 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, 48, Strickland Way, Orpington was last sold on 27 Jul 2007 for £245,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 59.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Strickland Way, Orpington within a radius of 90m over the last 2 years.
The most recent example is 1 Borkwood Court, Sevenoaks Road, Orpington, BR6 9LA, a Leasehold flat which sold for £440,000 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, 48, Strickland Way, Orpington is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in BR6.
The closest station to 48, 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 48, 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 48, 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 48, 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 48, 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 48, 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.