According to the public record, 4A, Village Way, Beckenham is a early-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Village Way, Beckenham, BR3 is located in the borough of Bromley within the BR3 postal district.
4A, Village Way, Beckenham has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated October 2023.
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 4A Village Way Beckenham as £308,358 and the rental value as £1,571 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 4A Village Way Beckenham has increased by £4,538 (1.5%) and its rental value has increased by £75 per month (4.8%).
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 4A, Village Way, Beckenham is in very good condition we estimate a sale value of £323,776 and rental value of £1,649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,773 and a rental value of £1,461 per month.
If you were able to purchase this property for the estimated value of £308,358, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,515 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, 4A, Village Way, Beckenham was last sold on 21 Feb 2014 for £225,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 33.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4A, Village Way, Beckenham within a radius of 500 metres over the last 2 years.
The most recent example is 439B, Croydon Road, Beckenham, BR3 3PP, a Leasehold flat which sold for £295,000 in Aug 2022.
Read more about house prices in BR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Village Way, Beckenham, BR3 has a total of 214 addresses. According to our analysis of all the public data, 4A, Village Way, Beckenham is the 206th largest and the 212th most expensive property on the street.
When compared to the postcode district it is £293k less expensive than the average property in BR3.
4A, Village Way, Beckenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 4A, Village Way, Beckenham is Beckenham Junction station which is 800 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 4A, Village Way, Beckenham, 39.5% of property is privately owned outright and 36.8% 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 4A, Village Way, Beckenham, 18.8% of residents are recorded as possessing school level qualifications and 58.6% 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 4A, Village Way, Beckenham, the average age was 39.4 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 4A, Village Way, Beckenham, 0.4% 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 4A, Village Way, Beckenham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.