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According to the public record, Flat 5, Acers 2, Chislehurst is a modern leasehold apartment with 548 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 5, Acers 2, Chislehurst is £357,809 and the estimated rental value is £1,659 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 5, Acers 2, Chislehurst has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated August 2016.
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 5, Acers 2, Chislehurst is in very good condition we estimate a sale value of £375,700 and a rental value of £1,742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,763 and a rental value of £1,543 per month.
Over the last 12 months the sale value of Flat 5 Acers 2 Chislehurst has increased by an estimated £1,976 (0.6%) and its rental value has increased by an estimated £71 per month (4.3%), giving an expected gross yield of 5.6%.
Flat 5, Acers 2, Chislehurst has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2016.
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 5, Acers 2, Chislehurst was last sold on 8th June 2007 for £215,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Acers 2, Chislehurst within a radius of 860 metres over the last 2 years.
The most recent example is 101, Lower Camden, Chislehurst, BR7 5JD, a leasehold flat which sold for £350,000 on the 16th September 2024.
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 5, Acers 2, Chislehurst is the 147th largest and the 129th most expensive property on the street.
When compared to the postcode district it is £424k 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.
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