According to the public record, 18, Cranbrook Close, Bromley is a mid-century freehold house with 936 ft2 of internal area and sits on a 434 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cranbrook Close, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
18, Cranbrook Close, Bromley has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated April 2016.
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 18 Cranbrook Close Bromley as £480,514 and the rental value as £2,203 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 18 Cranbrook Close Bromley has increased by £7,358 (1.5%) and its rental value has increased by £131 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 18, Cranbrook Close, Bromley is in very good condition we estimate a sale value of £504,540 and rental value of £2,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,878 and a rental value of £2,049 per month.
If you were able to purchase this property for the estimated value of £480,514, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,362 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, 18, Cranbrook Close, Bromley sits on a plot of 434m2.
We have plot size data on 18 out of 38 other houses in the postcode and 18, Cranbrook Close, Bromley sits on the 6th largest plot.
According to HM Land Registry, 18, Cranbrook Close, Bromley was last sold on 31 Aug 2017 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Cranbrook Close, Bromley within a radius of 680 metres over the last 2 years.
The most recent example is 10, Cornford Close, Bromley, BR2 9BJ, a Freehold house which sold for £470,000 in Jan 2024.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Close, Bromley, BR2 has a total of 38 addresses. According to our analysis of all the public data, 18, Cranbrook Close, Bromley is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in BR2.
18, Cranbrook Close, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Apr 2016.
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 18, Cranbrook Close, Bromley is Hayes (Kent) station which is 1.3 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 18, Cranbrook Close, Bromley, 39.4% of property is privately owned with a mortgage and 33.1% 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 18, Cranbrook Close, Bromley, 19.4% of residents are recorded as possessing school level qualifications and 30.0% 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 18, Cranbrook Close, 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 18, Cranbrook Close, 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 18, Cranbrook Close, Bromley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.