According to the public record, 17, Station Approach, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 983 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 17, Station Approach, Hayes, Bromley, BR2.
Station Approach, Hayes, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
17, Station Approach, Bromley has a single entry in the Land Registry database from November 2008 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 17 Station Approach Bromley as £330,308 and the rental value as £1,645 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 17 Station Approach Bromley has decreased by £181 (0.1%) and its rental value has increased by £68 per month (4.1%).
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 17, Station Approach, Bromley is in very good condition we estimate a sale value of £346,823 and rental value of £1,728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,186 and a rental value of £1,530 per month.
If you were able to purchase this property for the estimated value of £330,308, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,623 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, 17, Station Approach, Bromley was last sold on 05 Nov 2008 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2008, the market for similar properties has risen 84.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Station Approach, Bromley within a radius of 610 metres over the last 2 years.
The most recent example is 21, Larkfield Close, Bromley, BR2 7ES, a Leasehold flat which sold for £338,000 in Feb 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Approach, Hayes, Bromley, BR2 has a total of 68 addresses. According to our analysis of all the public data, 17, Station Approach, Bromley is the 33rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £253k less expensive than the average property in BR2.
The closest station to 17, Station Approach, Bromley is Hayes (Kent) station which is 200 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 17, Station Approach, Bromley, 32.7% of property is privately rented and 32.0% 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 17, Station Approach, Bromley, 20.2% of residents are recorded as possessing school level qualifications and 38.8% 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 17, Station Approach, Bromley, the average age was 42.9 and the most common age was 57.
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 17, Station Approach, 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 17, Station Approach, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.