According to the public record, 169, Mead Way, Bromley is a mid-century freehold house with 1,090 ft2 of internal area and sits on a 469 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mead Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
169, Mead Way, Bromley has 2 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated June 2009.
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 169 Mead Way Bromley as £625,028 and the rental value as £2,454 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 169 Mead Way Bromley has increased by £9,571 (1.5%) and its rental value has increased by £146 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 169, Mead Way, Bromley is in very good condition we estimate a sale value of £656,280 and rental value of £2,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £581,276 and a rental value of £2,282 per month.
If you were able to purchase this property for the estimated value of £625,028, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,072 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, 169, Mead Way, Bromley sits on a plot of 469m2.
We have plot size data on 20 out of 35 other houses in the postcode and 169, Mead Way, Bromley sits on the 4th largest plot.
According to HM Land Registry, 169, Mead Way, Bromley was last sold on 10 Jan 2014 for £460,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2014, the market for similar properties has risen 48.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 169, Mead Way, Bromley within a radius of 620 metres over the last 2 years.
The most recent example is 182, Mead Way, Bromley, BR2 9ET, a Freehold house which sold for £675,000 in Nov 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, 169, Mead Way, Bromley is the 124th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in BR2.
169, Mead Way, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jun 2009.
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 169, Mead Way, Bromley is Hayes (Kent) 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 169, Mead Way, Bromley, 47.2% of property is privately owned outright and 46.3% is privately owned with a mortgage.
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 169, Mead Way, Bromley, 20.6% of residents are recorded as possessing school level qualifications and 38.7% 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 169, Mead 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 169, Mead 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 169, Mead Way, Bromley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.