According to the public record, Flat 3, The Orchard 20, Bromley is a modern leasehold apartment with 1,689 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Orchard, Orchard Road, Bromley, BR1.
Orchard Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 3, The Orchard 20, Bromley has 31 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated September 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 3 The Orchard 20 Bromley as £742,374 and the rental value as £2,782 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 3 The Orchard 20 Bromley has increased by £5,670 (0.8%) and its rental value has increased by £112 per month (4.0%).
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 3, The Orchard 20, Bromley is in very good condition we estimate a sale value of £779,493 and rental value of £2,921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £690,408 and a rental value of £2,587 per month.
If you were able to purchase this property for the estimated value of £742,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,649 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 3, The Orchard 20, Bromley was last sold on 11 Apr 2014 for £485,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2014, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, The Orchard 20, Bromley within a radius of 560 metres over the last 2 years.
The most recent example is Flat 1, The Orchard 20, Orchard Road, Bromley, BR1 2PS, a Leasehold flat which sold for £775,000 in May 2024.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Road, Bromley, BR1 has a total of 90 addresses. According to our analysis of all the public data, Flat 3, The Orchard 20, Bromley is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in BR1.
Flat 3, The Orchard 20, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2013.
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 3, The Orchard 20, Bromley is Sundridge Park 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 3, The Orchard 20, Bromley, 47.4% of property is privately owned outright and 32.3% 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 3, The Orchard 20, Bromley, 16.1% of residents are recorded as possessing school level qualifications and 52.7% 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 3, The Orchard 20, Bromley, the average age was 40.1 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 3, The Orchard 20, Bromley, 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 3, The Orchard 20, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.