According to the public record, 171, Bromley Road, London is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Bromley Road, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
171, Bromley Road, London has 41 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated August 2021.
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 171 Bromley Road London as £227,279 and the rental value as £1,279 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 171 Bromley Road London has increased by £2,489 (1.1%) and its rental value has increased by £70 per month (5.5%).
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 171, Bromley Road, London is in very good condition we estimate a sale value of £238,643 and rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,370 and a rental value of £1,190 per month.
If you were able to purchase this property for the estimated value of £227,279, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,117 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, 171, Bromley Road, London was last sold on 07 Nov 2014 for £124,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2014, the market for similar properties has risen 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 171, Bromley Road, London within a radius of 480 metres over the last 2 years.
The most recent example is Flat C, 43, Arran Road, London, SE6 2LT, a Leasehold flat which sold for £192,000 in Sep 2023.
Read more about house prices in SE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley Road, London, SE6 has a total of 975 addresses. According to our analysis of all the public data, 171, Bromley Road, London is the 851st largest and the 853rd most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in SE6.
171, Bromley Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2021.
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 171, Bromley Road, London is Bellingham 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 171, Bromley Road, London, 32.8% of property is privately rented and 30.5% 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 171, Bromley Road, London, 18.9% of residents are recorded as possessing school level qualifications and 42.1% 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 171, Bromley Road, London, the average age was 39.3 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 171, Bromley Road, London, 1.2% 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 171, Bromley Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.