According to the public record, Apartment 2, Bassetts House 8, Orpington is a modern leasehold apartment and with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Bassetts House, Acorn Way, Orpington, BR6.
Acorn Way, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
Apartment 2, Bassetts House 8, Orpington has 2 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated January 2017.
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 Apartment 2 Bassetts House 8 Orpington as £358,871 and the rental value as £1,606 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Apartment 2 Bassetts House 8 Orpington has decreased by £5,332 (1.5%) and its rental value has increased by £49 per month (3.0%).
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 Apartment 2, Bassetts House 8, Orpington is in very good condition we estimate a sale value of £376,814 and rental value of £1,687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,750 and a rental value of £1,494 per month.
If you were able to purchase this property for the estimated value of £358,871, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,764 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, Apartment 2, Bassetts House 8, Orpington was last sold on 08 Aug 2023 for £365,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Bassetts House 8, Orpington within a radius of 40m over the last 2 years.
The most recent example is Flat 4, Cavendish House 3, Osier Close, Orpington, BR6 7FJ, a Leasehold flat which sold for £415,000 in Apr 2022.
Read more about house prices in BR6.
Acorn Way, Orpington, BR6 has a total of 40 addresses. According to our analysis of all the public data, Apartment 2, Bassetts House 8, Orpington is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in BR6.
Apartment 2, Bassetts House 8, Orpington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Apartment 2, Bassetts House 8, Orpington is Orpington station which is 2.0 km 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 Apartment 2, Bassetts House 8, Orpington, 54.8% of property is privately owned with a mortgage and 28.5% 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 Apartment 2, Bassetts House 8, Orpington, 21.3% of residents are recorded as possessing school level qualifications and 51.9% 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 Apartment 2, Bassetts House 8, Orpington, the average age was 44 and the most common age was 52.
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 Apartment 2, Bassetts House 8, 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 Apartment 2, Bassetts House 8, Orpington, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.