According to the public record, 137, Ridgeway Drive, Bromley is a early-century freehold house with 1,108 ft2 of internal area and sits on a 537 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ridgeway Drive, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
137, Ridgeway Drive, Bromley has 21 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated January 2022.
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 137 Ridgeway Drive Bromley as £554,231 and the rental value as £2,564 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 137 Ridgeway Drive Bromley has increased by £10,421 (1.9%) and its rental value has increased by £133 per month (5.2%).
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 137, Ridgeway Drive, Bromley is in very good condition we estimate a sale value of £581,943 and rental value of £2,693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,435 and a rental value of £2,385 per month.
If you were able to purchase this property for the estimated value of £554,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,724 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, 137, Ridgeway Drive, Bromley sits on a plot of 537m2.
We have plot size data on 21 out of 40 other houses in the postcode and 137, Ridgeway Drive, Bromley sits on the 5th largest plot.
According to HM Land Registry, 137, Ridgeway Drive, Bromley was last sold on 16 Nov 2022 for £607,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 137, Ridgeway Drive, Bromley within a radius of 600 metres over the last 2 years.
The most recent example is 133, Ridgeway Drive, Bromley, BR1 5DB, a Freehold house which sold for £556,000 in Mar 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgeway Drive, Bromley, BR1 has a total of 170 addresses. According to our analysis of all the public data, 137, Ridgeway Drive, Bromley is the 88th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in BR1.
137, Ridgeway Drive, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2022.
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 137, Ridgeway Drive, Bromley is Grove Park 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 137, Ridgeway Drive, Bromley, 45.3% of property is privately owned with a mortgage and 41.5% 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 137, Ridgeway Drive, Bromley, 16.2% of residents are recorded as possessing school level qualifications and 41.1% 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 137, Ridgeway Drive, Bromley, the average age was 40.7 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 137, Ridgeway Drive, Bromley, 1.8% 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 137, Ridgeway Drive, 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.