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According to the public record, 8, Laxey Road, Orpington is a period freehold house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Laxey Road, Orpington is £492,303 and the estimated rental value is £2,322 per month.
Laxey Road, Orpington, BR6 is located in the borough of Bromley within the BR6 postal district.
8, Laxey Road, Orpington has 61 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 8, Laxey Road, Orpington is in very good condition we estimate a sale value of £516,918 and a rental value of £2,439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,842 and a rental value of £2,160 per month.
Over the last 12 months the sale value of 8 Laxey Road Orpington has decreased by an estimated £4,588 (0.9%) and its rental value has increased by an estimated £82 per month (3.5%), giving an expected gross yield of 5.7%.
8, Laxey Road, Orpington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2020.
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, 8, Laxey Road, Orpington was last sold on 1st April 2021 for £466,500 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since April 2021, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Laxey Road, Orpington within a radius of 710 metres over the last 2 years.
The most recent example is 7, Lezayre Road, Orpington, BR6 6BP, a freehold house which sold for £570,000 on the 21st June 2022.
Read more about house prices in BR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laxey Road, Orpington, BR6 has a total of 30 addresses. According to our analysis of all the public data, 8, Laxey Road, Orpington is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in BR6.
The nearest school is Green Street Green Primary School which is 228 metres away. The nearest train station is Chelsfield which is 1.3 kilometres away.
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