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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 7, William Petty Way, Orpington is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 7, William Petty Way, Orpington is £201,583 and the estimated rental value is £1,135 per month.
The apartment is within 7, William Petty Way, Orpington, BR5.
William Petty Way, Orpington, BR5 is located in the borough of Bromley within the BR5 postal district.
Flat 2, 7, William Petty Way, Orpington has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated November 2012.
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 Flat 2, 7, William Petty Way, Orpington is in very good condition we estimate a sale value of £211,662 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,472 and a rental value of £1,056 per month.
Over the last 12 months the sale value of Flat 2 7 William Petty Way Orpington has decreased by an estimated £558 (0.3%) and its rental value has increased by an estimated £39 per month (3.5%), giving an expected gross yield of 6.8%.
Flat 2, 7, William Petty Way, Orpington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2012.
The property is not 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, 7, William Petty Way, Orpington was last sold on 11th August 2017 for £187,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 7, William Petty Way, Orpington within a radius of 570 metres over the last 2 years.
The most recent example is Flat 8, 7, William Petty Way, Orpington, BR5 4GN, a leasehold flat which sold for £207,500 on the 7th September 2022.
Read more about house prices in BR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
William Petty Way, Orpington, BR5 has a total of 50 addresses. According to our analysis of all the public data, Flat 2, 7, William Petty Way, Orpington is the 36th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £281k less expensive than the average property in BR5.
The closest station to Flat 2, 7, William Petty Way, Orpington is Orpington station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2, 7, William Petty Way, Orpington, 31.7% of property is privately owned with a mortgage and 27.7% is socially 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 2, 7, William Petty Way, Orpington, 30.9% of residents are recorded as possessing school level qualifications and 47.0% 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 2, 7, William Petty Way, Orpington, the average age was 41.1 and the most common age was 52.
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 2, 7, William Petty Way, Orpington, 0.0% 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 2, 7, William Petty Way, Orpington, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
