According to the public record, 2, Holland Way, Bromley is a early-century freehold house with 1,991 ft2 of internal area and sits on a 590 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Holland Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
2, Holland Way, Bromley has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated September 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 2 Holland Way Bromley as £1,108,077 and the rental value as £3,440 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Holland Way Bromley has decreased by £31,837 (2.9%) and its rental value has increased by £37 per month (1.1%).
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 2, Holland Way, Bromley is in very good condition we estimate a sale value of £1,163,481 and rental value of £3,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,030,512 and a rental value of £3,199 per month.
If you were able to purchase this property for the estimated value of £1,108,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,446 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, 2, Holland Way, Bromley sits on a plot of 590m2.
We have plot size data on 13 out of 26 other houses in the postcode and 2, Holland Way, Bromley sits on the 3rd largest plot.
According to HM Land Registry, 2, Holland Way, Bromley was last sold on 11 Jan 2022 for £1,200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has dropped 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Holland Way, Bromley within a radius of 730 metres over the last 2 years.
The most recent example is 25, Sandiland Crescent, Bromley, BR2 7DP, a Freehold house which sold for £1,175,000 in Oct 2022.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holland Way, Bromley, BR2 has a total of 39 addresses. According to our analysis of all the public data, 2, Holland Way, Bromley is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £524k more expensive than the average property in BR2.
2, Holland Way, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 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 2, Holland Way, 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 2, Holland Way, Bromley, 47.2% of property is privately owned outright and 47.2% 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 2, Holland Way, Bromley, 22.6% of residents are recorded as possessing school level qualifications and 55.1% 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 2, Holland Way, 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 2, Holland Way, Bromley, 2.0% 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 2, Holland 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.