According to the public record, 1, Weston Grove, Bromley is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Weston Grove, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
1, Weston Grove, Bromley has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated December 2014.
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 Weston Grove Bromley as £254,281 and the rental value as £1,370 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 1 Weston Grove Bromley has increased by £5,458 (2.1%) and its rental value has increased by £69 per month (5.1%).
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, Weston Grove, Bromley is in very good condition we estimate a sale value of £266,995 and rental value of £1,439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,481 and a rental value of £1,274 per month.
If you were able to purchase this property for the estimated value of £254,281, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,250 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, Weston Grove, Bromley was last sold on 08 May 2015 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Weston Grove, Bromley within a radius of 360 metres over the last 2 years.
The most recent example is 33, Weston Grove, Bromley, BR1 3RJ, a Leasehold flat which sold for £265,000 in Apr 2021.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weston Grove, Bromley, BR1 has a total of 40 addresses. According to our analysis of all the public data, 1, Weston Grove, Bromley is the 32nd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in BR1.
1, Weston Grove, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2014.
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, Weston Grove, Bromley is Bromley North 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, Weston Grove, Bromley, 43.4% of property is socially rented and 27.4% is privately rented.
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, Weston Grove, Bromley, 26.0% of residents are recorded as possessing school level qualifications and 35.6% 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, Weston Grove, Bromley, the average age was 38.2 and the most common age was 32.
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, Weston Grove, Bromley, 0.0% 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, Weston Grove, Bromley, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.