According to the public record, 49, Homestead Road, Orpington is a modern freehold house and with 4,843 ft2 of internal area and sits on a 1,122 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Homestead Road, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
49, Homestead Road, Orpington has a single entry in the Land Registry database from May 2017 and a single entry in the EPC database dated November 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 49 Homestead Road Orpington as £2,286,442 and the rental value as £6,589 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 49 Homestead Road Orpington has decreased by £30,605 (1.3%) and its rental value has increased by £209 per month (3.2%).
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 49, Homestead Road, Orpington is in very good condition we estimate a sale value of £2,400,764 and rental value of £6,919 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,126,391 and a rental value of £6,128 per month.
If you were able to purchase this property for the estimated value of £2,286,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,237 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, 49, Homestead Road, Orpington sits on a plot of 1122m2.
We have plot size data on 20 out of 25 other houses in the postcode and 49, Homestead Road, Orpington sits on the 19th largest plot.
According to HM Land Registry, 49, Homestead Road, Orpington was last sold on 05 May 2017 for £1,770,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Homestead Road, Orpington within a radius of 503m over the last 2 years.
The most recent example is 47, Homestead Road, Orpington, BR6 6HN, a Freehold house which sold for £2,430,000 in May 2021.
Read more about house prices in BR6.
Homestead Road, Orpington, BR6 has a total of 44 addresses. According to our analysis of all the public data, 49, Homestead Road, Orpington is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £1.651m more expensive than the average property in BR6.
49, Homestead Road, Orpington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 49, Homestead Road, Orpington is Chelsfield station which is 500 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 49, Homestead Road, Orpington, 47.1% of property is privately owned with a mortgage and 43.7% 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 49, Homestead Road, Orpington, 20.4% of residents are recorded as possessing school level qualifications and 47.3% 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 49, Homestead Road, Orpington, the average age was 43.5 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 49, Homestead Road, Orpington, 0.6% 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 49, Homestead Road, Orpington, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.