According to the public record, 106, George Lane, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,213 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
George Lane, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
106, George Lane, Bromley has 21 entries in the Land Registry database, most recently in August 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 106 George Lane Bromley as £653,330 and the rental value as £2,578 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 106 George Lane Bromley has decreased by £5,350 (0.8%) and its rental value has increased by £86 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 106, George Lane, Bromley is in very good condition we estimate a sale value of £685,997 and rental value of £2,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £607,597 and a rental value of £2,397 per month.
If you were able to purchase this property for the estimated value of £653,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,211 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, 106, George Lane, Bromley was last sold on 30 Aug 2007 for £345,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 76.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 106, George Lane, Bromley within a radius of 970 metres over the last 2 years.
The most recent example is 15, George Lane, Bromley, BR2 7LG, a Freehold house which sold for £745,000 in Sep 2022.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Lane, Bromley, BR2 has a total of 89 addresses. According to our analysis of all the public data, 106, George Lane, Bromley is the 23rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in BR2.
The closest station to 106, George Lane, Bromley is Hayes (Kent) 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 106, George Lane, Bromley, 40.3% of property is privately owned outright and 36.3% 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 106, George Lane, Bromley, 21.2% of residents are recorded as possessing school level qualifications and 40.7% 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 106, George Lane, 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 106, George Lane, Bromley, 0.3% 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 106, George Lane, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.