According to the public record, 1, The Spinneys, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,358 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
The Spinneys, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
1, The Spinneys, Bromley has a single entry in the Land Registry database from August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Spinneys Bromley as £869,716 and the rental value as £2,861 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 1 The Spinneys Bromley has decreased by £7,528 (0.9%) and its rental value has increased by £75 per month (2.6%).
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, The Spinneys, Bromley is in very good condition we estimate a sale value of £913,202 and rental value of £3,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £808,836 and a rental value of £2,661 per month.
If you were able to purchase this property for the estimated value of £869,716, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,274 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 HM Land Registry, 1, The Spinneys, Bromley was last sold on 27 Aug 2008 for £542,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 91.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Spinneys, Bromley within a radius of 800 metres over the last 2 years.
The most recent example is 13, Aspen Copse, Bromley, BR1 2NZ, a Freehold house which sold for £740,000 in Jun 2024.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinneys, Bromley, BR1 has a total of 33 addresses. According to our analysis of all the public data, 1, The Spinneys, Bromley is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £343k more expensive than the average property in BR1.
The closest station to 1, The Spinneys, Bromley is Chislehurst station which is 500 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, The Spinneys, Bromley, 50.0% of property is privately owned outright and 40.4% 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 1, The Spinneys, Bromley, 19.2% of residents are recorded as possessing school level qualifications and 53.2% 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, The Spinneys, Bromley, the average age was 42.8 and the most common age was 47.
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, The Spinneys, Bromley, 3.8% 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 1, The Spinneys, Bromley, there are an average of 1.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.