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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mill Place, Chislehurst is £426,432 and the estimated rental value is £1,952 per month.
Mill Place, Chislehurst, BR7 is located in the borough of Bromley within the BR7 postal district.
7, Mill Place, Chislehurst has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 7, Mill Place, Chislehurst is in very good condition we estimate a sale value of £447,753 and a rental value of £2,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,581 and a rental value of £1,815 per month.
Over the last 12 months the sale value of 7 Mill Place Chislehurst has increased by an estimated £4,042 (0.9%) and its rental value has increased by an estimated £96 per month (4.9%), giving an expected gross yield of 5.5%.
7, Mill Place, Chislehurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Mill Place, Chislehurst was last sold on 29th June 2021 for £390,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has dropped 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mill Place, Chislehurst within a radius of 940 metres over the last 2 years.
The most recent example is 19, Forest Close, Chislehurst, BR7 5QS, a leasehold flat which sold for £450,000 on the 3rd December 2024.
Read more about house prices in BR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Place, Chislehurst, BR7 has a total of 47 addresses. According to our analysis of all the public data, 7, Mill Place, Chislehurst is the 18th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £356k less expensive than the average property in BR7.
The nearest school is St Nicholas Church of England Primary which is 786 metres away. The nearest train station is Chislehurst which is 500 metres away.
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