According to the public record, 344B, High Street, Orpington is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 344, High Street, Orpington, BR6.
High Street, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
344B, High Street, Orpington has 2 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated July 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 344B High Street Orpington as £186,404 and the rental value as £1,048 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 344B High Street Orpington has increased by £887 (0.5%) and its rental value has increased by £56 per month (5.3%).
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 344B, High Street, Orpington is in very good condition we estimate a sale value of £195,724 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,356 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £186,404, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £916 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, 344B, High Street, Orpington was last sold on 30 Nov 2015 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2015, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 344B, High Street, Orpington within a radius of 560 metres over the last 2 years.
The most recent example is 344A, High Street, Orpington, BR6 0NQ, a Leasehold flat which sold for £210,000 in Aug 2022.
Read more about house prices in BR6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Orpington, BR6 has a total of 468 addresses. According to our analysis of all the public data, 344B, High Street, Orpington is the 391st largest and the 447th most expensive property on the street.
When compared to the postcode district it is £449k less expensive than the average property in BR6.
344B, High Street, Orpington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 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 344B, High Street, Orpington is Orpington station which is 600 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 344B, High Street, Orpington, 49.3% of property is privately rented and 32.6% 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 344B, High Street, Orpington, 14.9% of residents are recorded as possessing school level qualifications and 44.6% 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 344B, High Street, Orpington, the average age was 41.3 and the most common age was 32.
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 344B, High Street, Orpington, 1.2% 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 344B, High Street, Orpington, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.