Flat 8 Apex House, 3 Ridge Place

    FLAT 8 APEX HOUSE, 3, RIDGE PLACE, ORPINGTON, BR5 3FL

    This flat/maisonette leasehold property on Ridge Place last sold in August 2022 for £305,000. Based on price growth in the BR5 district since then, its estimated current value is £295,639 — placing it in the 48th percentile nationally and the 10th percentile within BR5. The property covers 66 m² (710 sq ft), giving an estimated value of £4,479 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £305,000

    Aug 2022

    Estimated Valuation

    £295,639

    Est. £/sq ft

    £416/sq ft

    £4,479/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateDec 2014
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2022

    £305,000

    6 Mar 2015

    New build

    £230,000

    Key Metrics

    Estimated valuation£295,639
    Value per sq ft / m²£416/sq ft (£4,479/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR5 district percentile10th percentile
    National percentile48th percentile

    District Context — BR5

    BR5 covers Orpington and the surrounding areas in Greater London's outer southeast, sitting on the border between London and Kent. It is a suburban district with strong family appeal, characterised by good transport links, established residential neighbourhoods, and proximity to both metropolitan and rural landscapes.

    Average Property Price - BR5

    £540,504

    85

    National percentile

    Average Net Household Income - BR5

    £51,981

    92

    National percentile

    10-Year Annualised Price Growth - BR5

    4.6%

    81

    National percentile

    10-Year Annualised Rent Growth - BR

    3.4%

    21

    National percentile

    View full analysis for BR5

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