According to the public record, 2, Rutland Gate, Bromley is a mid-century freehold house with 2,303 ft2 of internal area and sits on a 960 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Rutland Gate, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
2, Rutland Gate, Bromley has a single entry in the Land Registry database from April 2007 and a single entry in the EPC database dated October 2023.
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 Rutland Gate Bromley as £1,004,615 and the rental value as £3,628 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Rutland Gate Bromley has decreased by £16,266 (1.6%) and its rental value has increased by £85 per month (2.3%).
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, Rutland Gate, Bromley is in very good condition we estimate a sale value of £1,054,846 and rental value of £3,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £934,292 and a rental value of £3,374 per month.
If you were able to purchase this property for the estimated value of £1,004,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,937 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, Rutland Gate, Bromley sits on a plot of 960m2.
We have plot size data on 6 out of 15 other houses in the postcode and 2, Rutland Gate, Bromley sits on the largest plot.
According to HM Land Registry, 2, Rutland Gate, Bromley was last sold on 23 Apr 2007 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 84.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rutland Gate, Bromley within a radius of 510 metres over the last 2 years.
The most recent example is 14, Teynham Green, Bromley, BR2 9BY, a Freehold house which sold for £950,000 in Jul 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rutland Gate, Bromley, BR2 has a total of 15 addresses. According to our analysis of all the public data, 2, Rutland Gate, Bromley is the largest and the most expensive property on the street.
When compared to the postcode district it is £421k more expensive than the average property in BR2.
2, Rutland Gate, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Oct 2023.
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, Rutland Gate, Bromley is Bromley South station which is 700 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, Rutland Gate, Bromley, 30.7% of property is privately rented and 29.3% 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, Rutland Gate, Bromley, 18.7% of residents are recorded as possessing school level qualifications and 49.0% 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 2, Rutland Gate, Bromley, the average age was 38.4 and the most common age was 32.
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, Rutland Gate, 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 2, Rutland Gate, Bromley, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.