According to the public record, Flat 1, 65, Grosvenor Road, West Wickham is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 65, Grosvenor Road, West Wickham, BR4.
Grosvenor Road, West Wickham, BR4 is located in the borough of Bromley within the BR4 postal district.
Flat 1, 65, Grosvenor Road, West Wickham has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated August 2013.
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 Flat 1 65 Grosvenor Road West Wickham as £349,638 and the rental value as £1,546 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 1 65 Grosvenor Road West Wickham has decreased by £1,730 (0.5%) and its rental value has increased by £54 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 Flat 1, 65, Grosvenor Road, West Wickham is in very good condition we estimate a sale value of £367,119 and rental value of £1,623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,163 and a rental value of £1,438 per month.
If you were able to purchase this property for the estimated value of £349,638, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,718 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, Flat 1, 65, Grosvenor Road, West Wickham was last sold on 13 Jan 2023 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 65, Grosvenor Road, West Wickham within a radius of 530 metres over the last 2 years.
The most recent example is Flat 72, Riverside Walk, The Alders, West Wickham, BR4 9PZ, a Leasehold flat which sold for £350,000 in Nov 2022.
Read more about house prices in BR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grosvenor Road, West Wickham, BR4 has a total of 80 addresses. According to our analysis of all the public data, Flat 1, 65, Grosvenor Road, West Wickham is the 63rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £281k less expensive than the average property in BR4.
Flat 1, 65, Grosvenor Road, West Wickham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Aug 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 65, Grosvenor Road, West Wickham is West Wickham station which is 800 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 Flat 1, 65, Grosvenor Road, West Wickham, 43.4% 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 Flat 1, 65, Grosvenor Road, West Wickham, 24.2% of residents are recorded as possessing school level qualifications and 33.2% 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 Flat 1, 65, Grosvenor 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 Flat 1, 65, Grosvenor Road, West Wickham, 1.3% 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 Flat 1, 65, Grosvenor Road, 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.