According to the public record, 1, Wanstead Road, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 980 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wanstead Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
1, Wanstead Road, Bromley has a single entry in the Land Registry database from November 2007 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 Wanstead Road Bromley as £661,113 and the rental value as £2,362 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1 Wanstead Road Bromley has increased by £6,905 (1.0%) and its rental value has increased by £101 per month (4.3%).
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, Wanstead Road, Bromley is in very good condition we estimate a sale value of £694,169 and rental value of £2,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £614,835 and a rental value of £2,196 per month.
If you were able to purchase this property for the estimated value of £661,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,249 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, Wanstead Road, Bromley was last sold on 23 Nov 2007 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 87.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Wanstead Road, Bromley within a radius of 500 metres over the last 2 years.
The most recent example is 38, Rochester Avenue, Bromley, BR1 3DW, a Freehold house which sold for £750,000 in Apr 2024.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wanstead Road, Bromley, BR1 has a total of 49 addresses. According to our analysis of all the public data, 1, Wanstead Road, Bromley is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in BR1.
The closest station to 1, Wanstead Road, Bromley is Bromley North station which is 900 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, Wanstead Road, Bromley, 48.8% of property is privately owned outright and 40.3% 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, Wanstead Road, Bromley, 25.7% of residents are recorded as possessing school level qualifications and 52.1% 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, Wanstead Road, Bromley, the average age was 40.1 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 1, Wanstead Road, Bromley, 1.5% 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, Wanstead Road, 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.