According to the public record, 8, Ravenswood Crescent, West Wickham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 568 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Ravenswood Crescent, West Wickham, BR4 is located in the borough of Bromley within the BR4 postal district.
8, Ravenswood Crescent, West Wickham has a single entry in the Land Registry database from February 2011 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 8 Ravenswood Crescent West Wickham as £257,615 and the rental value as £1,306 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 8 Ravenswood Crescent West Wickham has decreased by £1,315 (0.5%) and its rental value has increased by £45 per month (3.5%).
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, Ravenswood Crescent, West Wickham is in very good condition we estimate a sale value of £270,495 and rental value of £1,372 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,582 and a rental value of £1,215 per month.
If you were able to purchase this property for the estimated value of £257,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,266 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, 8, Ravenswood Crescent, West Wickham was last sold on 24 Feb 2011 for £152,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2011, the market for similar properties has risen 62.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ravenswood Crescent, West Wickham within a radius of 620 metres over the last 2 years.
The most recent example is Flat 8, Chatsworth Lodge, Wickham Court Road, West Wickham, BR4 0LY, a Leasehold flat which sold for £250,000 in Aug 2022.
Read more about house prices in BR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ravenswood Crescent, West Wickham, BR4 has a total of 35 addresses. According to our analysis of all the public data, 8, Ravenswood Crescent, West Wickham is the 35th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £373k less expensive than the average property in BR4.
The closest station to 8, Ravenswood Crescent, West Wickham is West Wickham station which is 200 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, Ravenswood Crescent, West Wickham, 50.4% of property is privately owned outright and 35.3% 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, Ravenswood Crescent, West Wickham, 20.4% of residents are recorded as possessing school level qualifications and 42.9% 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, Ravenswood Crescent, West Wickham, the average age was 44.4 and the most common age was 57.
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, Ravenswood Crescent, West Wickham, 0.9% 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, Ravenswood Crescent, West Wickham, 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.