According to the public record, 111, Hayes Lane, Bromley is a early-century freehold house with 1,453 ft2 of internal area and sits on a 735 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hayes Lane, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
111, Hayes Lane, Bromley has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated April 2021.
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 111 Hayes Lane Bromley as £798,193 and the rental value as £2,874 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 111 Hayes Lane Bromley has decreased by £2,916 (0.4%) and its rental value has increased by £116 per month (4.0%).
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 111, Hayes Lane, Bromley is in very good condition we estimate a sale value of £838,103 and rental value of £3,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £742,320 and a rental value of £2,673 per month.
If you were able to purchase this property for the estimated value of £798,193, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,923 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, 111, Hayes Lane, Bromley sits on a plot of 735m2.
We have plot size data on 10 out of 13 other houses in the postcode and 111, Hayes Lane, Bromley sits on the 3rd largest plot.
According to HM Land Registry, 111, Hayes Lane, Bromley was last sold on 16 Aug 2021 for £770,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111, Hayes Lane, Bromley within a radius of 800 metres over the last 2 years.
The most recent example is 188, Bourne Vale, Bromley, BR2 7LU, a Freehold house which sold for £785,000 in Nov 2021.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hayes Lane, Bromley, BR2 has a total of 236 addresses. According to our analysis of all the public data, 111, Hayes Lane, Bromley is the 114th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £215k more expensive than the average property in BR2.
111, Hayes Lane, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2021.
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 111, Hayes Lane, Bromley is Bromley South station which is 1.2 kilometres 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 111, Hayes Lane, Bromley, 46.6% of property is privately owned outright and 45.8% 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 111, Hayes Lane, Bromley, 20.2% of residents are recorded as possessing school level qualifications and 38.5% 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 111, Hayes Lane, Bromley, the average age was 41.1 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 111, Hayes Lane, Bromley, 0.8% 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 111, Hayes Lane, Bromley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.