Flat 2, Red Lodge
Flat 2, Red Lodge
Description & Estimates
According to the public record, Flat 2, Red Lodge, West Wickham is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Red Lodge, West Wickham is £91,496 and the estimated rental value is £469 per month.
The apartment is within Red Lodge, Red Lodge Road, West Wickham, BR4.
Red Lodge Road, West Wickham, BR4 is located in the borough of Bromley within the BR4 postal district.
Our Data Sources
Flat 2, Red Lodge, West Wickham has 31 entries in the Land Registry , most recently in March 2008 and a single entry in the EPC database dated October 2022.
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.
Price Range & Condition
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, Red Lodge, West Wickham is in very good condition we estimate a sale value of £96,070 and a rental value of £492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,091 and a rental value of £436 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Red Lodge, West Wickham has risen by £265 (0.3%), while its estimated rental value has moved up by £16 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
Flat 2, Red Lodge, West Wickham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 2, Red Lodge, West Wickham was last sold on 31st March 2008 for £64,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2008, the market for similar properties has risen by 178.5%.
- Sold Mar 2008£64,500
- Sold Dec 2001£36,100
- Sold Jun 1997£18,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Red Lodge, West Wickham within a radius of 690 metres over the last 2 years.
The most recent example is Flat 16, Red Lodge, Red Lodge Road, West Wickham, BR4 0EL, a leasehold flat which sold for £85,000 on the 11th March 2022.
Read more about house prices in BR4.
- Sold Mar 2022£85,000 | 1 Bed FlatRed Lodge, Red Lodge RoadFlat 16, Red Lodge, Red Lodge Road, West Wickham, BR4 0EL
- Sold Jun 2018£86,000 | 1 Bed FlatRed Lodge, Red Lodge RoadFlat 46, Red Lodge, Red Lodge Road, West Wickham, BR4 0EL
- Sold Sep 2017£93,500 | 1 Bed FlatRed Lodge, Red Lodge RoadFlat 33, Red Lodge, Red Lodge Road, West Wickham, BR4 0EL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Red Lodge Road, West Wickham, BR4 has a total of 74 addresses. According to our analysis of all the public data, Flat 2, Red Lodge, West Wickham is the 52nd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £562k less expensive than the average property in BR4.
More reading links
Schools Nearby
- 700mHawes Down Primary School
- 800mOak Lodge Primary School
- 800mLangley Park Primary School
- 900mLangley Park School for Girls
- 1.0kmLangley Park School for Boys
- 1.8kmOrchard Park High School
More reading links
Public Transport Nearby
The closest station to Flat 2, Red Lodge, West Wickham is West Wickham station, which is 100 metres away.
- 100mWest Wickham
- 1.4kmEden Park
- 1.7kmHayes (Kent)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
