According to the public record, Flat 4, Piermont House 84, Beckenham is a modern leasehold apartment with 1,571 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Piermont House, Overbury Avenue, Beckenham, BR3.
Overbury Avenue, Beckenham, BR3 is located in the borough of Bromley within the BR3 postal district.
Flat 4, Piermont House 84, Beckenham has a single entry in the Land Registry database from September 2013 and a single entry in the EPC database dated September 2022.
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 Piermont House 84 Beckenham as £716,169 and the rental value as £2,689 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 4 Piermont House 84 Beckenham has increased by £10,782 (1.5%) and its rental value has increased by £131 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 4, Piermont House 84, Beckenham is in very good condition we estimate a sale value of £751,978 and rental value of £2,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £666,038 and a rental value of £2,501 per month.
If you were able to purchase this property for the estimated value of £716,169, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,520 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, Piermont House 84, Beckenham was last sold on 20 Sep 2013 for £495,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2013, the market for similar properties has risen 37.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Piermont House 84, Beckenham within a radius of 540 metres over the last 2 years.
The most recent example is Flat 6, Kelsey Park Mansions 78, Wickham Road, Beckenham, BR3 6QH, a Leasehold flat which sold for £775,000 in Dec 2018.
Read more about house prices in BR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Overbury Avenue, Beckenham, BR3 has a total of 135 addresses. According to our analysis of all the public data, Flat 4, Piermont House 84, Beckenham is the 30th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in BR3.
Flat 4, Piermont House 84, Beckenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 4, Piermont House 84, Beckenham is Shortlands station which is 1.2 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, Piermont House 84, Beckenham, 46.7% of property is privately owned outright and 29.4% 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 4, Piermont House 84, Beckenham, 12.4% of residents are recorded as possessing school level qualifications and 48.3% 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, Piermont House 84, Beckenham, the average age was 45 and the most common age was 42.
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, Piermont House 84, Beckenham, 1.7% 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, Piermont House 84, Beckenham, 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.