According to the public record, 5, Garrard Close, Chislehurst is a mid-century leasehold apartment with 612 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Garrard Close, Chislehurst, BR7 is located in the borough of Bromley within the BR7 postal district.
5, Garrard Close, Chislehurst has 31 entries in the Land Registry database, most recently in August 2010 and a single entry in the EPC database dated October 2008.
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 5 Garrard Close Chislehurst as £327,396 and the rental value as £1,632 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Garrard Close Chislehurst has increased by £5,176 (1.6%) and its rental value has increased by £87 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 5, Garrard Close, Chislehurst is in very good condition we estimate a sale value of £343,765 and rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,478 and a rental value of £1,518 per month.
If you were able to purchase this property for the estimated value of £327,396, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,609 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, 5, Garrard Close, Chislehurst was last sold on 12 Aug 2010 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2010, the market for similar properties has risen 57.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Garrard Close, Chislehurst within a radius of 530 metres over the last 2 years.
The most recent example is 2, Meadow Close, Chislehurst, BR7 6JB, a Leasehold flat which sold for £312,500 in Aug 2022.
Read more about house prices in BR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garrard Close, Chislehurst, BR7 has a total of 10 addresses. According to our analysis of all the public data, 5, Garrard Close, Chislehurst is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £429k less expensive than the average property in BR7.
5, Garrard Close, Chislehurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2008.
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 5, Garrard Close, Chislehurst is New Eltham station which is 1.5 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 5, Garrard Close, Chislehurst, 48.3% of property is privately owned with a mortgage and 39.8% 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 5, Garrard Close, Chislehurst, 19.7% of residents are recorded as possessing school level qualifications and 41.6% 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 5, Garrard Close, Chislehurst, the average age was 39.8 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 5, Garrard Close, Chislehurst, 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 5, Garrard Close, Chislehurst, 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.