According to the public record, 5B, Oakwood Avenue, Beckenham is a period leasehold apartment with 460 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 5, Oakwood Avenue, Beckenham, BR3.
Oakwood Avenue, Beckenham, BR3 is located in the borough of Bromley within the BR3 postal district.
5B, Oakwood Avenue, Beckenham has 61 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated April 2011.
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 5B Oakwood Avenue Beckenham as £269,274 and the rental value as £1,280 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 5B Oakwood Avenue Beckenham has increased by £595 (0.2%) and its rental value has increased by £46 per month (3.6%).
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 5B, Oakwood Avenue, Beckenham is in very good condition we estimate a sale value of £282,738 and rental value of £1,344 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,425 and a rental value of £1,190 per month.
If you were able to purchase this property for the estimated value of £269,274, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,323 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, 5B, Oakwood Avenue, Beckenham was last sold on 16 May 2017 for £290,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since May 2017, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5B, Oakwood Avenue, Beckenham within a radius of 490 metres over the last 2 years.
The most recent example is 5E, Oakwood Avenue, Beckenham, BR3 6PT, a Leasehold flat which sold for £272,500 in Aug 2023.
Read more about house prices in BR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Avenue, Beckenham, BR3 has a total of 147 addresses. According to our analysis of all the public data, 5B, Oakwood Avenue, Beckenham is the 122nd largest and the 124th most expensive property on the street.
When compared to the postcode district it is £332k less expensive than the average property in BR3.
5B, Oakwood Avenue, Beckenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2011.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 5B, Oakwood Avenue, Beckenham is Shortlands station which is 1.0 kilometres 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 5B, Oakwood Avenue, Beckenham, 40.0% of property is privately owned with a mortgage and 28.6% is socially rented.
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 5B, Oakwood Avenue, Beckenham, 19.9% of residents are recorded as possessing school level qualifications and 47.1% 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 5B, Oakwood Avenue, Beckenham, the average age was 42 and the most common age was 37.
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 5B, Oakwood Avenue, Beckenham, 1.4% 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 5B, Oakwood Avenue, Beckenham, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.