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According to the public record, Flat 24, 1, Cray View Close, Orpington is a modern leasehold apartment with 495 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 24, 1, Cray View Close, Orpington is £104,131 and the estimated rental value is £582 per month.
The apartment is within 1, Cray View Close, Orpington, BR5.
Cray View Close, Orpington, BR5 is located in the borough of Bromley within the BR5 postal district.
Flat 24, 1, Cray View Close, Orpington has a single entry in the Land Registry from April 2020 and a single entry in the EPC database dated June 2019.
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 24, 1, Cray View Close, Orpington is in very good condition we estimate a sale value of £109,337 and a rental value of £611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,842 and a rental value of £541 per month.
Over the last 12 months the sale value of Flat 24 1 Cray View Close Orpington has decreased by an estimated £384 (0.4%) and its rental value has increased by an estimated £23 per month (3.9%), giving an expected gross yield of 6.7%.
Flat 24, 1, Cray View Close, Orpington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2019.
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 24, 1, Cray View Close, Orpington was last sold on 21st April 2020 for £84,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2020, the market for similar properties has risen 88.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, 1, Cray View Close, Orpington within a radius of 550 metres over the last 2 years.
The most recent example is Flat 62, William Nash Court, Brantwood Way, Orpington, BR5 3WB, a leasehold flat which sold for £84,000 on the 16th August 2023.
Read more about house prices in BR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cray View Close, Orpington, BR5 has a total of 77 addresses. According to our analysis of all the public data, Flat 24, 1, Cray View Close, Orpington is the 71st largest and the 71st most expensive property on the street.
When compared to the postcode district it is £374k less expensive than the average property in BR5.
The closest station to Flat 24, 1, Cray View Close, Orpington is St Mary Cray station which is 400 metres 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 24, 1, Cray View Close, Orpington, 32.6% of property is socially rented and 25.3% is privately owned with a mortgage.
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 24, 1, Cray View Close, Orpington, 25.0% of residents are recorded as possessing school level qualifications and 33.7% 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 24, 1, Cray View Close, Orpington, the average age was 36.4 and the most common age was 7.
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 24, 1, Cray View Close, 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 24, 1, Cray View Close, 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.