According to the public record, Flat 8, 18, Station Road, Orpington is a modern leasehold apartment and with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 18, Station Road, Orpington, BR6.
Station Road, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
Flat 8, 18, Station Road, Orpington has 41 entries in the Land Registry database, most recently in February 2024 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 8 18 Station Road Orpington as £357,737 and the rental value as £1,545 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 8 18 Station Road Orpington has increased by £1,702 (0.5%) and its rental value has increased by £82 per month (5.3%).
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 8, 18, Station Road, Orpington is in very good condition we estimate a sale value of £375,624 and rental value of £1,622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,696 and a rental value of £1,437 per month.
If you were able to purchase this property for the estimated value of £357,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,758 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 8, 18, Station Road, Orpington was last sold on 02 Feb 2024 for £305,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2024, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 18, Station Road, Orpington within a radius of 0m over the last 2 years.
The most recent example is Flat 5, 18, Station Road, Orpington, BR6 0SD, a Leasehold flat which sold for £347,500 in Aug 2023.
Read more about house prices in BR6.
Station Road, Orpington, BR6 has a total of 114 addresses. According to our analysis of all the public data, Flat 8, 18, Station Road, Orpington is the 74th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £277k less expensive than the average property in BR6.
Flat 8, 18, Station Road, Orpington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Sep 2022.
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 8, 18, Station Road, Orpington is Orpington station which is 300 m 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 8, 18, Station Road, Orpington, 49.3% of property is privately rented and 32.6% is privately owned outright.
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 8, 18, Station Road, Orpington, 14.9% of residents are recorded as possessing school level qualifications and 44.6% 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 8, 18, Station Road, Orpington, the average age was 41.3 and the most common age was 32.
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 8, 18, Station Road, Orpington, 1.2% 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 8, 18, Station Road, Orpington, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.