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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 16, Elm Road, Beckenham is £375,450 and the estimated rental value is £1,545 per month.
The apartment is within 16, Elm Road, Beckenham, BR3.
Elm Road, Beckenham, BR3 is located in the borough of Bromley within the BR3 postal district.
Flat 2, 16, Elm Road, Beckenham has 2 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated April 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 2, 16, Elm Road, Beckenham is in very good condition we estimate a sale value of £394,223 and a rental value of £1,623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,169 and a rental value of £1,437 per month.
Over the last 12 months the sale value of Flat 2 16 Elm Road Beckenham has decreased by an estimated £3,483 (0.9%) and its rental value has increased by an estimated £44 per month (2.9%), giving an expected gross yield of 4.9%.
Flat 2, 16, Elm Road, Beckenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Apr 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, Flat 2, 16, Elm Road, Beckenham was last sold on 15th July 2013 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2013, the market for similar properties has risen 37.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 16, Elm Road, Beckenham within a radius of 420 metres over the last 2 years.
The most recent example is Flat 3, 19, Queens Road, Beckenham, BR3 4JN, a leasehold flat which sold for £307,500 on the 20th October 2023.
Read more about house prices in BR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Road, Beckenham, BR3 has a total of 35 addresses. According to our analysis of all the public data, Flat 2, 16, Elm Road, Beckenham is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in BR3.
The nearest school is Balgowan Primary School which is 300 metres away. The nearest train station is Clock House which is 300 metres away.
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