According to the public record, 1A, The Mead, West Wickham is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,143 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, The Mead, West Wickham, BR4.
The Mead, West Wickham, BR4 is located in the borough of Bromley within the BR4 postal district.
1A, The Mead, West Wickham has 21 entries in the Land Registry database, most recently in May 2009 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 1A The Mead West Wickham as £378,301 and the rental value as £1,825 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1A The Mead West Wickham has decreased by £2,174 (0.6%) and its rental value has increased by £63 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 1A, The Mead, West Wickham is in very good condition we estimate a sale value of £397,216 and rental value of £1,916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,820 and a rental value of £1,697 per month.
If you were able to purchase this property for the estimated value of £378,301, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,859 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, 1A, The Mead, West Wickham was last sold on 14 May 2009 for £370,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2009, the market for similar properties has risen 73.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 630 metres radius of 1A, The Mead, West Wickham over the last 2 years.
The most recent example is 1C, The Mead, West Wickham, BR4 0BA, a Freehold house which sold for £575,000 in May 2021.
Read more about house prices in BR4.
The Mead, West Wickham, BR4 has a total of 48 addresses. According to our analysis of all the public data, 1A, The Mead, West Wickham is the 46th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in BR4.
The closest station to 1A, The Mead, West Wickham is West Wickham station which is 700 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 1A, The Mead, West Wickham, 43.2% of property is privately owned with a mortgage and 42.4% 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 1A, The Mead, West Wickham, 19.6% of residents are recorded as possessing school level qualifications and 44.4% 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 1A, The Mead, 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 1A, The Mead, West Wickham, 2.4% 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 1A, The Mead, West Wickham, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.