According to the public record, 1, Ridgeway, Bromley is a early-century freehold house with 1,259 ft2 of internal area and sits on a 371 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ridgeway, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
1, Ridgeway, Bromley has 31 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Ridgeway Bromley as £729,725 and the rental value as £2,530 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 1 Ridgeway Bromley has decreased by £5,975 (0.8%) and its rental value has increased by £84 per month (3.3%).
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 1, Ridgeway, Bromley is in very good condition we estimate a sale value of £766,211 and rental value of £2,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £678,644 and a rental value of £2,353 per month.
If you were able to purchase this property for the estimated value of £729,725, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,586 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Ridgeway, Bromley sits on a plot of 371m2.
We have plot size data on 6 out of 12 other houses in the postcode and 1, Ridgeway, Bromley sits on the 4th largest plot.
According to HM Land Registry, 1, Ridgeway, Bromley was last sold on 19 May 2023 for £726,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Ridgeway, Bromley within a radius of 670 metres over the last 2 years.
The most recent example is 8, Station Hill, Bromley, BR2 7DJ, a Freehold house which sold for £725,000 in Jul 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgeway, Bromley, BR2 has a total of 38 addresses. According to our analysis of all the public data, 1, Ridgeway, Bromley is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £146k more expensive than the average property in BR2.
1, Ridgeway, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Ridgeway, Bromley is Hayes (Kent) station which is 200 metres 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 1, Ridgeway, Bromley, 32.7% of property is privately rented and 32.0% is privately owned outright.
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 1, Ridgeway, Bromley, 20.2% of residents are recorded as possessing school level qualifications and 38.8% 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 1, Ridgeway, Bromley, the average age was 42.9 and the most common age was 57.
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 1, Ridgeway, Bromley, 0.5% 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 1, Ridgeway, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.