According to the public record, 12, Malling Way, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 924 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Malling Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
12, Malling Way, Bromley has 21 entries in the Land Registry database, most recently in September 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 12 Malling Way Bromley as £493,341 and the rental value as £2,222 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 12 Malling Way Bromley has increased by £7,554 (1.5%) and its rental value has increased by £132 per month (5.9%).
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, Malling Way, Bromley is in very good condition we estimate a sale value of £518,008 and rental value of £2,334 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,807 and a rental value of £2,067 per month.
If you were able to purchase this property for the estimated value of £493,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,425 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, 12, Malling Way, Bromley was last sold on 05 Sep 2007 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 82.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Malling Way, Bromley within a radius of 600 metres over the last 2 years.
The most recent example is 13, Malling Way, Bromley, BR2 7PJ, a Freehold house which sold for £525,000 in Jul 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malling Way, Bromley, BR2 has a total of 46 addresses. According to our analysis of all the public data, 12, Malling Way, Bromley is the 43rd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in BR2.
The closest station to 12, Malling Way, 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 12, Malling Way, Bromley, 41.4% of property is privately owned with a mortgage and 32.1% 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 12, Malling Way, Bromley, 20.3% of residents are recorded as possessing school level qualifications and 35.7% 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 12, Malling Way, 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 12, Malling Way, 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 12, Malling Way, Bromley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.