According to the public record, 118, Farnaby Road, Bromley is a period freehold house with 1,388 ft2 of internal area and sits on a 723 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Farnaby Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
118, Farnaby Road, Bromley has 2 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated November 2017.
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 118 Farnaby Road Bromley as £770,597 and the rental value as £2,538 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 118 Farnaby Road Bromley has decreased by £3,837 (0.5%) and its rental value has increased by £65 per month (2.5%).
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 118, Farnaby Road, Bromley is in very good condition we estimate a sale value of £809,126 and rental value of £2,665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £716,655 and a rental value of £2,360 per month.
If you were able to purchase this property for the estimated value of £770,597, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,787 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, 118, Farnaby Road, Bromley sits on a plot of 723m2.
We have plot size data on 22 out of 30 other houses in the postcode and 118, Farnaby Road, Bromley sits on the 5th largest plot.
According to HM Land Registry, 118, Farnaby Road, Bromley was last sold on 06 Feb 2019 for £720,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 15.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Farnaby Road, Bromley within a radius of 520 metres over the last 2 years.
The most recent example is 130, Farnaby Road, Bromley, BR1 4BH, a Freehold house which sold for £900,000 in Nov 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnaby Road, Bromley, BR1 has a total of 160 addresses. According to our analysis of all the public data, 118, Farnaby Road, Bromley is the 91st largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in BR1.
118, Farnaby Road, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Nov 2017.
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 118, Farnaby Road, Bromley is Shortlands station which is 600 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 118, Farnaby Road, Bromley, 51.0% of property is privately owned with a mortgage and 42.2% is privately owned outright.
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 118, Farnaby Road, Bromley, 23.2% of residents are recorded as possessing school level qualifications and 60.0% 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 118, Farnaby Road, Bromley, the average age was 42 and the most common age was 37.
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 118, Farnaby Road, 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 118, Farnaby Road, 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.