According to the public record, Flat 2, Cavendish House 3, Orpington is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cavendish House, Osier Close, Orpington, BR6.
Osier Close, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
Flat 2, Cavendish House 3, Orpington has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated September 2018.
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 Cavendish House 3 Orpington as £422,892 and the rental value as £1,814 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 2 Cavendish House 3 Orpington has increased by £1,194 (0.3%) and its rental value has increased by £88 per month (4.9%).
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, Cavendish House 3, Orpington is in very good condition we estimate a sale value of £444,037 and rental value of £1,905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,290 and a rental value of £1,687 per month.
If you were able to purchase this property for the estimated value of £422,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,078 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, Cavendish House 3, Orpington was last sold on 28 Sep 2018 for £430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Cavendish House 3, Orpington within a radius of 670 metres over the last 2 years.
The most recent example is Apartment 3, Arlington House 10, Ash Tree Close, Orpington, BR6 7FH, a Leasehold flat which sold for £402,000 in Aug 2023.
Read more about house prices in BR6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Osier Close, Orpington, BR6 has a total of 7 addresses. According to our analysis of all the public data, Flat 2, Cavendish House 3, Orpington is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in BR6.
Flat 2, Cavendish House 3, Orpington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 2, Cavendish House 3, Orpington is Orpington station which is 2.1 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 Flat 2, Cavendish House 3, Orpington, 54.8% of property is privately owned with a mortgage and 28.5% 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 2, Cavendish House 3, Orpington, 21.3% of residents are recorded as possessing school level qualifications and 51.9% 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, Cavendish House 3, Orpington, the average age was 44 and the most common age was 52.
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, Cavendish House 3, Orpington, 0.0% 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, Cavendish House 3, Orpington, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.