According to the public record, Flat 11, Lorraine Court 53, Beckenham is a mid-century leasehold apartment with 7,470 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lorraine Court, The Avenue, Beckenham, BR3.
The Avenue, Beckenham, BR3 is located in the borough of Bromley within the BR3 postal district.
Flat 11, Lorraine Court 53, Beckenham has 41 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated June 2014.
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 11 Lorraine Court 53 Beckenham as £1,317,268 and the rental value as £6,182 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 11 Lorraine Court 53 Beckenham has decreased by £776 (0.1%) and its rental value has increased by £200 per month (3.2%).
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 11, Lorraine Court 53, Beckenham is in very good condition we estimate a sale value of £1,383,131 and rental value of £6,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,225,059 and a rental value of £5,749 per month.
If you were able to purchase this property for the estimated value of £1,317,268, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,474 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 11, Lorraine Court 53, Beckenham was last sold on 04 May 2021 for £335,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2021, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of Flat 11, Lorraine Court 53, Beckenham over the last 2 years.
The most recent example is Flat 3, Lorraine Court 53, The Avenue, Beckenham, BR3 5EQ, a Leasehold flat which sold for £376,500 in Oct 2023.
Read more about house prices in BR3.
The Avenue, Beckenham, BR3 has a total of 573 addresses. According to our analysis of all the public data, Flat 11, Lorraine Court 53, Beckenham is the largest and the most expensive property on the street.
When compared to the postcode district it is £716k more expensive than the average property in BR3.
Flat 11, Lorraine Court 53, Beckenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 11, Lorraine Court 53, Beckenham is Ravensbourne station which is 400 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 11, Lorraine Court 53, Beckenham, 31.3% of property is privately owned outright and 30.7% is privately 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 Flat 11, Lorraine Court 53, Beckenham, 7.8% of residents are recorded as possessing school level qualifications and 50.7% 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 Flat 11, Lorraine Court 53, Beckenham, the average age was 45 and the most common age was 42.
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 11, Lorraine Court 53, Beckenham, 0.9% 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 11, Lorraine Court 53, Beckenham, 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.