According to the public record, Flat 42, Faulkner House, Chislehurst is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Faulkner House, St. Pauls Cray Road, Chislehurst, BR7.
St. Pauls Cray Road, Chislehurst, BR7 is located in the borough of Bromley within the BR7 postal district.
Flat 42, Faulkner House, Chislehurst has a single entry in the Land Registry database from May 2016 and a single entry in the EPC database dated September 2015.
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 42 Faulkner House Chislehurst as £447,101 and the rental value as £1,898 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 42 Faulkner House Chislehurst has decreased by £3,394 (0.8%) and its rental value has increased by £56 per month (3.0%).
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 42, Faulkner House, Chislehurst is in very good condition we estimate a sale value of £469,456 and rental value of £1,993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,804 and a rental value of £1,765 per month.
If you were able to purchase this property for the estimated value of £447,101, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,197 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 42, Faulkner House, Chislehurst was last sold on 19 May 2016 for £502,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, Faulkner House, Chislehurst within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Flat 5, Faulkner House, St. Pauls Cray Road, Chislehurst, BR7 6FA, a Leasehold flat which sold for £470,000 in Dec 2023.
Read more about house prices in BR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Pauls Cray Road, Chislehurst, BR7 has a total of 95 addresses. According to our analysis of all the public data, Flat 42, Faulkner House, Chislehurst is the 55th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £309k less expensive than the average property in BR7.
Flat 42, Faulkner House, Chislehurst has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 42, Faulkner House, Chislehurst is Chislehurst station which is 1.6 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 42, Faulkner House, Chislehurst, 68.4% of property is privately owned outright and 17.0% 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 42, Faulkner House, Chislehurst, 8.4% of residents are recorded as possessing school level qualifications and 41.6% 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 42, Faulkner House, Chislehurst, the average age was 43.1 and the most common age was 57.
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 42, Faulkner House, Chislehurst, 2.8% 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 42, Faulkner House, Chislehurst, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.