According to the public record, 2B, Glebe Way, West Wickham is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Glebe Way, West Wickham, BR4.
Glebe Way, West Wickham, BR4 is located in the borough of Bromley within the BR4 postal district.
2B, Glebe Way, West Wickham has 31 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated July 2021.
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 2B Glebe Way West Wickham as £218,443 and the rental value as £1,100 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2B Glebe Way West Wickham has increased by £1,098 (0.5%) and its rental value has increased by £50 per month (4.6%).
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 2B, Glebe Way, West Wickham is in very good condition we estimate a sale value of £229,365 and rental value of £1,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,152 and a rental value of £1,023 per month.
If you were able to purchase this property for the estimated value of £218,443, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,074 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, 2B, Glebe Way, West Wickham was last sold on 26 Apr 2023 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Glebe Way, West Wickham within a radius of 550 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.
Glebe Way, West Wickham, BR4 has a total of 159 addresses. According to our analysis of all the public data, 2B, Glebe Way, West Wickham is the 117th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £412k less expensive than the average property in BR4.
2B, Glebe Way, West Wickham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2021.
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 2B, Glebe Way, 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 2B, Glebe Way, West Wickham, 40.8% of property is privately owned with a mortgage and 39.1% 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 2B, Glebe Way, West Wickham, 15.8% of residents are recorded as possessing school level qualifications and 42.7% 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 2B, Glebe Way, 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 2B, Glebe Way, West Wickham, 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 2B, Glebe Way, West Wickham, 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.