According to the public record, Flat 2, 42, Park Road, Beckenham is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 42, Park Road, Beckenham, BR3.
Park Road, Beckenham, BR3 is located in the borough of Bromley within the BR3 postal district.
Flat 2, 42, Park Road, Beckenham has a single entry in the Land Registry database from May 2019 and a single entry in the EPC database dated February 2019.
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 2 42 Park Road Beckenham as £340,330 and the rental value as £1,599 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 42 Park Road Beckenham has increased by £4,754 (1.4%) and its rental value has increased by £75 per month (4.7%).
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 2, 42, Park Road, Beckenham is in very good condition we estimate a sale value of £357,347 and rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,507 and a rental value of £1,487 per month.
If you were able to purchase this property for the estimated value of £340,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,673 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 2, 42, Park Road, Beckenham was last sold on 16 May 2019 for £320,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 42, Park Road, Beckenham within a radius of 450 metres over the last 2 years.
The most recent example is 23, Ingleside Close, Beckenham, BR3 1QU, a Leasehold flat which sold for £417,500 in Oct 2022.
Read more about house prices in BR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Beckenham, BR3 has a total of 316 addresses. According to our analysis of all the public data, Flat 2, 42, Park Road, Beckenham is the 201st largest and the 220th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in BR3.
Flat 2, 42, Park Road, Beckenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2019.
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 Flat 2, 42, Park Road, Beckenham is Beckenham Junction 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 2, 42, Park Road, Beckenham, 35.9% of property is privately rented and 34.4% is privately owned with a mortgage.
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 2, 42, Park Road, Beckenham, 8.2% of residents are recorded as possessing school level qualifications and 56.0% 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 2, 42, Park Road, Beckenham, the average age was 39.7 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 Flat 2, 42, Park Road, Beckenham, 2.1% 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 2, 42, Park Road, Beckenham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.