According to the public record, 196, Farmfield Road, Bromley is a early-century freehold house with 1,001 ft2 of internal area and sits on a 397 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farmfield Road, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
196, Farmfield Road, Bromley has 3 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated March 2022.
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 196 Farmfield Road Bromley as £438,154 and the rental value as £2,353 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 196 Farmfield Road Bromley has increased by £13,870 (3.2%) and its rental value has increased by £151 per month (6.4%).
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 196, Farmfield Road, Bromley is in very good condition we estimate a sale value of £460,062 and rental value of £2,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,483 and a rental value of £2,188 per month.
If you were able to purchase this property for the estimated value of £438,154, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,153 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, 196, Farmfield Road, Bromley sits on a plot of 397m2.
We have plot size data on 21 out of 56 other houses in the postcode and 196, Farmfield Road, Bromley sits on the 2nd largest plot.
According to HM Land Registry, 196, Farmfield Road, Bromley was last sold on 19 Aug 2022 for £485,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 196, Farmfield Road, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 206, Farmfield Road, Bromley, BR1 4NP, a Freehold house which sold for £410,000 in Jul 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farmfield Road, Bromley, BR1 has a total of 227 addresses. According to our analysis of all the public data, 196, Farmfield Road, Bromley is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in BR1.
196, Farmfield Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Mar 2022.
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 196, Farmfield Road, Bromley is Ravensbourne station which is 1.2 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 196, Farmfield Road, Bromley, 33.9% of property is socially rented and 29.1% 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 196, Farmfield Road, Bromley, 30.7% of residents are recorded as possessing school level qualifications and 30.2% 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 196, Farmfield Road, Bromley, the average age was 38.5 and the most common age was 37.
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 196, Farmfield Road, Bromley, 0.3% 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 196, Farmfield Road, Bromley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.