According to the public record, 12, Lorimer Row, Bromley is a modern freehold house with 1,216 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lorimer Row, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
12, Lorimer Row, Bromley has 2 entries in the Land Registry database, most recently in November 2018 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 12 Lorimer Row Bromley as £571,854 and the rental value as £2,561 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 12 Lorimer Row Bromley has increased by £6,900 (1.2%) and its rental value has increased by £141 per month (5.5%).
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 12, Lorimer Row, Bromley is in very good condition we estimate a sale value of £600,447 and rental value of £2,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £531,824 and a rental value of £2,382 per month.
If you were able to purchase this property for the estimated value of £571,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,810 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, 12, Lorimer Row, Bromley sits on a plot of 105m2.
We have plot size data on 20 out of 20 other houses in the postcode and 12, Lorimer Row, Bromley sits on the 17th largest plot.
According to HM Land Registry, 12, Lorimer Row, Bromley was last sold on 08 Nov 2018 for £505,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Lorimer Row, Bromley within a radius of 480 metres over the last 2 years.
The most recent example is 9, Lorimer Row, Bromley, BR2 9GQ, a Freehold house which sold for £552,500 in Jan 2024.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorimer Row, Bromley, BR2 has a total of 20 addresses. According to our analysis of all the public data, 12, Lorimer Row, Bromley is the 18th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in BR2.
12, Lorimer Row, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 12, Lorimer Row, Bromley is Bickley station which is 1.5 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 12, Lorimer Row, Bromley, 53.0% of property is privately owned with a mortgage and 28.4% is socially 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 12, Lorimer Row, Bromley, 21.2% of residents are recorded as possessing school level qualifications and 34.6% 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 12, Lorimer Row, Bromley, the average age was 38 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 12, Lorimer Row, Bromley, 0.5% 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 12, Lorimer Row, Bromley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.