Orpington

Area Guide For Orpington

Orpington is a suburban town and electoral ward in the London Borough of Bromley in Greater London. Orpington has excellent public transport access, including a busy train station and high frequency bus routes run between the Town Centre and the residential suburbs.

 
 

Orpington Map

Estimated Price: £446,298
Average Asking Price: £734,880
Price change in last one year: £25,539
Average Price Paid: £335,207
Average Rent Rates: £1,953

 
 

Property Prices Breakdown in Orpington

Average Price for property in Orpington is around £446,298 which varies based on type of property you are interested in and ranges from £721,401 for detached house to around £411,970 for semi-detached. Similarly terraced house is around £308,150 and a flat is worth £221,186. Values have been changing and have risen £18 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,542 in last 6 months, £25,539 in last 1 year, £63,433 in last 2 years, £68,221 in last 3 years, £71,836 in last 4 years and £77,884 in last 5 years.

Currently average asking price of a property in Orpington is around £734,880 based on approximately 1,288 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,953 per month.

Estimated property value in Orpington is £446,298. Average asking price is £734,880 while average price paid is £385,901 which is up by £25,539 and Avg. asking rent £1,953.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Orpington area. In last 1 year alone average price buyer paid is around £385,901 based on approximately 1,288 sales in Orpington area alone. If you compare it to last 3 years sales of 3,806 properties where buyers paid around £345,270. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £335,207 for 6,025 and average amount paid for purchase of approx. 7,937 properties sold in last 7 years comes to about £324,053 per sale.

 
 

Properties For Sale in Orpington

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £147,500, £296,870 for a 2 bedroom house, £424,385 for a 3 bedroom house, £742,735 for a 4 bedroom house and £1,493,684 for a 5 bedroom house. For a flat similarly the prices varies from £166,356 for a single bedroom to £207,951 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,499. To sum up the asking prices for properties in Orpington it comes to around average £163,999 for 1 bedroom property, £260,644 for 2 bedroom, £419,608 for 3 bedroom, £742,735 for 4 bedroom and £1,493,684 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,299 for 2 bedroom to £1,399 for 3 bedroom, £1,703 for 4 bedroom and £2,740 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £809. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,028 and £1,267 for 3 bedroom. You should be generally be expecting around average £809 rent per month for single bedroom property, £1,122 for 2 bedroom, £1,380 for 3 bedroom, £1,703 for 4 bedroom and approximately £2,740 for a 5 bedroom property in Orpington area.

Popular Houses in Orpington

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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