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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, Acers 2, Chislehurst is a modern leasehold apartment with 731 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, Acers 2, Chislehurst is £424,068 and the estimated rental value is £1,862 per month.
The apartment is within Acers, Elmstead Lane, Chislehurst, BR7.
Elmstead Lane, Chislehurst, BR7 is located in the borough of Bromley within the BR7 postal district.
Flat 2, Acers 2, Chislehurst has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated June 2020.
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 Flat 2, Acers 2, Chislehurst is in very good condition we estimate a sale value of £445,271 and a rental value of £1,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,383 and a rental value of £1,732 per month.
Over the last 12 months the sale value of Flat 2 Acers 2 Chislehurst has increased by an estimated £2,342 (0.6%) and its rental value has increased by an estimated £79 per month (4.3%), giving an expected gross yield of 5.3%.
Flat 2, Acers 2, Chislehurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, electric.
According to HM Land Registry, Flat 2, Acers 2, Chislehurst was last sold on 16th March 2007 for £296,740 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 22.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Acers 2, Chislehurst within a radius of 860 metres over the last 2 years.
The most recent example is Flat 8, Acers 2, Elmstead Lane, Chislehurst, BR7 5RL, a leasehold flat which sold for £425,000 on the 9th November 2020.
Read more about house prices in BR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmstead Lane, Chislehurst, BR7 has a total of 148 addresses. According to our analysis of all the public data, Flat 2, Acers 2, Chislehurst is the 129th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £358k less expensive than the average property in BR7.
The nearest school is Bullers Wood School which is 685 metres away. The nearest train station is Elmstead Woods which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
