According to the public record, 146, Mead Way, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 723 ft2 of internal area and sits on a 229 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mead Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
146, Mead Way, Bromley has 31 entries in the Land Registry database, most recently in May 2006 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 146 Mead Way Bromley as £508,859 and the rental value as £2,290 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 146 Mead Way Bromley has increased by £9,857 (1.9%) and its rental value has increased by £148 per month (6.5%).
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 146, Mead Way, Bromley is in very good condition we estimate a sale value of £534,302 and rental value of £2,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £473,239 and a rental value of £2,130 per month.
If you were able to purchase this property for the estimated value of £508,859, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,501 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, 146, Mead Way, Bromley sits on a plot of 229m2.
We have plot size data on 23 out of 37 other houses in the postcode and 146, Mead Way, Bromley sits on the 9th largest plot.
According to HM Land Registry, 146, Mead Way, Bromley was last sold on 12 May 2006 for £260,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 146, Mead Way, Bromley within a radius of 600 metres over the last 2 years.
The most recent example is 10, Shoreham Way, Bromley, BR2 7PU, a Freehold house which sold for £462,000 in Dec 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Way, Bromley, BR2 has a total of 205 addresses. According to our analysis of all the public data, 146, Mead Way, Bromley is the 204th largest and the 195th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in BR2.
The closest station to 146, Mead Way, Bromley is Bromley South station which is 1.4 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 146, Mead Way, Bromley, 47.9% of property is privately owned with a mortgage and 33.6% 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 146, Mead Way, Bromley, 20.7% of residents are recorded as possessing school level qualifications and 41.8% 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 146, Mead Way, Bromley, the average age was 38.4 and the most common age was 32.
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 146, Mead Way, Bromley, 2.1% 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 146, Mead Way, 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.