According to the public record, Flat 4, 2, Cuckmere Way, Orpington is a modern apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Cuckmere Way, Orpington, BR5.
Cuckmere Way, Orpington, BR5 is located in the borough of Bromley within the BR5 postal district.
Flat 4, 2, Cuckmere Way, Orpington has no records in the Land Registry database and a single entry in the EPC database dated August 2020.
We combine this information with public data 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 4 2 Cuckmere Way Orpington as £233,537 and the rental value as £1,298 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 4 2 Cuckmere Way Orpington has increased by £1,773 (0.8%) and its rental value has increased by £75 per month (5.8%).
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 4, 2, Cuckmere Way, Orpington is in very good condition we estimate a sale value of £245,213 and rental value of £1,363 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,189 and a rental value of £1,207 per month.
If you were able to purchase this property for the estimated value of £233,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,148 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 2, Cuckmere Way, Orpington within a radius of 580 metres over the last 2 years.
The most recent example is Flat 10, 7, William Petty Way, Orpington, BR5 4GN, a Leasehold flat which sold for £227,500 in Jun 2021.
Read more about house prices in BR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cuckmere Way, Orpington, BR5 has a total of 27 addresses. According to our analysis of all the public data, Flat 4, 2, Cuckmere Way, Orpington is the 18th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in BR5.
Flat 4, 2, Cuckmere Way, Orpington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2020.
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 4, 2, Cuckmere Way, Orpington is Orpington station which is 2.0 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 4, 2, Cuckmere Way, Orpington, 69.8% of property is socially rented and 11.8% 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 4, 2, Cuckmere Way, Orpington, 27.2% of residents are recorded as possessing school level qualifications and 28.7% 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 4, 2, Cuckmere Way, Orpington, the average age was 41.1 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 4, 2, Cuckmere Way, 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 4, 2, Cuckmere Way, Orpington, 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.