According to the public record, 8, Chestnut Close, Orpington is a mid-century freehold house and with 893 ft2 of internal area and sits on a 160 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.
8, Chestnut Close, Orpington has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated May 2021.
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 8 Chestnut Close Orpington as £429,776 and the rental value as £2,130 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 8 Chestnut Close Orpington has increased by £3,850 (0.9%) and its rental value has increased by £117 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 8, Chestnut Close, Orpington is in very good condition we estimate a sale value of £451,264 and rental value of £2,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,691 and a rental value of £1,981 per month.
If you were able to purchase this property for the estimated value of £429,776, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,112 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, 8, Chestnut Close, Orpington sits on a plot of 160m2.
We have plot size data on 13 out of 15 other houses in the postcode and 8, Chestnut Close, Orpington sits on the 11th largest plot.
According to HM Land Registry, 8, Chestnut Close, Orpington was last sold on 16 Sep 2021 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chestnut Close, Orpington within a radius of 37m over the last 2 years.
The most recent example is 14, Chestnut Close, Orpington, BR6 6LP, a Freehold house which sold for £455,000 in Jun 2023.
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, 8, Chestnut Close, Orpington is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in BR6.
8, Chestnut Close, Orpington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 8, 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 8, 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 8, 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 8, 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 8, 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 8, 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.