According to the public record, 105B, Station Road, West Wickham is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 105, Station Road, West Wickham, BR4.
Station Road, West Wickham, BR4 is located in the borough of Bromley within the BR4 postal district.
105B, Station Road, West Wickham has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated October 2022.
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 105B Station Road West Wickham as £495,639 and the rental value as £2,109 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 105B Station Road West Wickham has decreased by £2,453 (0.5%) and its rental value has increased by £74 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 105B, Station Road, West Wickham is in very good condition we estimate a sale value of £520,421 and rental value of £2,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,944 and a rental value of £1,961 per month.
If you were able to purchase this property for the estimated value of £495,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,436 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, 105B, Station Road, West Wickham was last sold on 17 May 2007 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 105B, Station Road, West Wickham within a radius of 530 metres over the last 2 years.
The most recent example is Flat 4, Chapel Court 5, North Road, West Wickham, BR4 0JS, a Leasehold flat which sold for £384,000 in Sep 2017.
Read more about house prices in BR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, West Wickham, BR4 has a total of 81 addresses. According to our analysis of all the public data, 105B, Station Road, West Wickham is the 62nd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in BR4.
105B, Station Road, West Wickham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 105B, Station Road, West Wickham is West Wickham station which is 500 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 105B, Station Road, West Wickham, 48.5% of property is privately rented and 27.9% 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 105B, Station Road, West Wickham, 18.9% of residents are recorded as possessing school level qualifications and 38.0% 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 105B, Station Road, 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 105B, Station Road, West Wickham, 0.6% 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 105B, Station Road, West Wickham, 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.