According to the public record, Flat 4, Oakhill House, Orpington is a mid-century leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Oakhill House, Chipperfield Road, Orpington, BR5.
Chipperfield Road, Orpington, BR5 is located in the borough of Bromley within the BR5 postal district.
Flat 4, Oakhill House, Orpington has 21 entries in the Land Registry database, most recently in January 2007 and 2 entries in the EPC database, most recently in July 2023.
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 4 Oakhill House Orpington as £170,799 and the rental value as £958 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 4 Oakhill House Orpington has increased by £1,839 (1.1%) and its rental value has increased by £54 per month (5.7%).
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 4, Oakhill House, Orpington is in very good condition we estimate a sale value of £179,339 and rental value of £1,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,843 and a rental value of £891 per month.
If you were able to purchase this property for the estimated value of £170,799, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £839 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 4, Oakhill House, Orpington was last sold on 19 Jan 2007 for £107,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 62.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Oakhill House, Orpington within a radius of 400m over the last 2 years.
The most recent example is 70, Walsingham Road, Orpington, BR5 3BN, a Leasehold flat which sold for £177,000 in May 2024.
Read more about house prices in BR5.
Chipperfield Road, Orpington, BR5 has a total of 248 addresses. According to our analysis of all the public data, Flat 4, Oakhill House, Orpington is the 127th largest and the 193rd most expensive property on the street.
When compared to the postcode district it is £296k less expensive than the average property in BR5.
Flat 4, Oakhill House, Orpington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2023.
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, Oakhill House, Orpington is St Mary Cray station which is 1.3 km 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, Oakhill House, Orpington, 61.0% of property is socially rented and 16.9% 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, Oakhill House, Orpington, 20.1% of residents are recorded as possessing school level qualifications and 26.2% 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, Oakhill House, Orpington, the average age was 36 and the most common age was 12.
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, Oakhill House, 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, Oakhill House, 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.