Mead Way, Bromley, BR2 is a residential street which is the 457th longest street in the BR2 area.
It contains 205 residential addresses consisting of 133 houses, 2 flats and 70 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £623,346. Sales values have increased in the last 12 months by 1.0% and Rental values have increased by 5.5%.
Property sale values range from £323,212 for a leasehold flat, with 2 bedrooms split across 818 square feet of gross internal area and has no outside space to £967,448 for a freehold house, with 5 bedrooms split across 2,228 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Mead Way, Bromley, BR2 is £540/ft2.
Properties achieve a rental yield of between 4.2% and 5.9%, and rental values range from £1,591 to £3,485 per month.
The last sale was 26 Jan 2024 for £803,500 and since then the market in the area has increased by 3.1%. The street has had a total of 4 sales since 1995.
Mead Way, Bromley, BR2 has seen 4 sales in the last three years and 4 sales in the last twelve months.
Mead Way, Bromley, BR2 is the 457th largest and the 259th most expensive street in the BR2 area.
There are 6 postcodes on Mead Way, Bromley, BR2.
Mead Way, Bromley, BR2 is a residential street located in BR2 containing 133 houses, 2 flats and 70 unknown.
The most common property type on Mead Way, Bromley, BR2 is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to Mead Way, Bromley, BR2 is Bromley South station which is 1.4 kilometres away.
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 Mead Way, Bromley, BR2, 46.6% of property is privately owned outright and 45.8% 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 Mead Way, Bromley, BR2, 20.2% of residents are recorded as possessing school level qualifications and 38.5% 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 Mead Way, Bromley, BR2, the average age was 41.1 and the most common age was 52.
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 Mead Way, Bromley, BR2, 0.8% 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 Mead Way, Bromley, BR2, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.