According to the public record, 8, Elmstead Lane, Chislehurst is a mid-century freehold house with 1,980 ft2 of internal area and sits on a 1,130 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Elmstead Lane, Chislehurst, BR7 is located in the borough of Bromley within the BR7 postal district.
8, Elmstead Lane, Chislehurst has 21 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated July 2019.
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 Elmstead Lane Chislehurst as £1,044,540 and the rental value as £3,736 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 8 Elmstead Lane Chislehurst has decreased by £8,630 (0.8%) and its rental value has increased by £106 per month (2.8%).
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, Elmstead Lane, Chislehurst is in very good condition we estimate a sale value of £1,096,767 and rental value of £3,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £971,423 and a rental value of £3,475 per month.
If you were able to purchase this property for the estimated value of £1,044,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,134 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, Elmstead Lane, Chislehurst sits on a plot of 1130m2.
We have plot size data on 14 out of 23 other houses in the postcode and 8, Elmstead Lane, Chislehurst sits on the 6th largest plot.
According to HM Land Registry, 8, Elmstead Lane, Chislehurst was last sold on 31 Jan 2020 for £760,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elmstead Lane, Chislehurst within a radius of 830 metres over the last 2 years.
The most recent example is 43, Elmstead Lane, Chislehurst, BR7 5EG, a Freehold house which sold for £1,075,000 in Sep 2021.
Read more about house prices in BR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmstead Lane, Chislehurst, BR7 has a total of 148 addresses. According to our analysis of all the public data, 8, Elmstead Lane, Chislehurst is the 23rd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £288k more expensive than the average property in BR7.
8, Elmstead Lane, Chislehurst has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 Jul 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 8, Elmstead Lane, Chislehurst is Elmstead Woods station which is 100 metres 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, Elmstead Lane, Chislehurst, 48.6% of property is privately owned outright and 46.4% 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, Elmstead Lane, Chislehurst, 20.5% of residents are recorded as possessing school level qualifications and 57.9% 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, Elmstead Lane, Chislehurst, the average age was 42.8 and the most common age was 47.
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, Elmstead Lane, Chislehurst, 1.3% 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, Elmstead Lane, Chislehurst, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.