According to the public record, Flat 71, Riverside Walk, West Wickham is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Riverside Walk, The Alders, West Wickham, BR4.
The Alders, West Wickham, BR4 is located in the borough of Bromley within the BR4 postal district.
Flat 71, Riverside Walk, West Wickham has 21 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated May 2017.
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 71 Riverside Walk West Wickham as £398,142 and the rental value as £1,759 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 71 Riverside Walk West Wickham has decreased by £1,627 (0.4%) and its rental value has increased by £61 per month (3.5%).
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 71, Riverside Walk, West Wickham is in very good condition we estimate a sale value of £418,049 and rental value of £1,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,272 and a rental value of £1,636 per month.
If you were able to purchase this property for the estimated value of £398,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,957 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 71, Riverside Walk, West Wickham was last sold on 05 Oct 2023 for £415,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 71, Riverside Walk, West Wickham within a radius of 570 metres over the last 2 years.
The most recent example is Flat 23, Riverside Walk, The Alders, West Wickham, BR4 9PZ, a Leasehold flat which sold for £437,500 in Oct 2022.
Read more about house prices in BR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Alders, West Wickham, BR4 has a total of 133 addresses. According to our analysis of all the public data, Flat 71, Riverside Walk, West Wickham is the 7th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £232k less expensive than the average property in BR4.
Flat 71, Riverside Walk, West Wickham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 71, Riverside Walk, West Wickham is West Wickham station which is 900 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 71, Riverside Walk, West Wickham, 34.6% of property is privately owned outright and 27.9% is privately rented.
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 71, Riverside Walk, West Wickham, 14.5% of residents are recorded as possessing school level qualifications and 36.9% 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 71, Riverside Walk, West Wickham, the average age was 44.4 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 71, Riverside Walk, West Wickham, 2.1% 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 71, Riverside Walk, West Wickham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.