According to the public record, 2, Wellsmoor Gardens, Bromley is a mid-century freehold house with 1,270 ft2 of internal area and sits on a 314 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wellsmoor Gardens, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
2, Wellsmoor Gardens, Bromley has 4 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated September 2020.
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 Wellsmoor Gardens Bromley as £586,640 and the rental value as £2,622 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Wellsmoor Gardens Bromley has decreased by £6,309 (1.1%) and its rental value has increased by £71 per month (2.7%).
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, Wellsmoor Gardens, Bromley is in very good condition we estimate a sale value of £615,972 and rental value of £2,753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £545,576 and a rental value of £2,438 per month.
If you were able to purchase this property for the estimated value of £586,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,883 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, Wellsmoor Gardens, Bromley sits on a plot of 314m2.
We have plot size data on 24 out of 31 other houses in the postcode and 2, Wellsmoor Gardens, Bromley sits on the 2nd largest plot.
According to HM Land Registry, 2, Wellsmoor Gardens, Bromley was last sold on 26 Mar 2021 for £585,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wellsmoor Gardens, Bromley within a radius of 810 metres over the last 2 years.
The most recent example is 16, Reynard Close, Bromley, BR1 2AB, a Freehold house which sold for £670,000 in Apr 2024.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellsmoor Gardens, Bromley, BR1 has a total of 31 addresses. According to our analysis of all the public data, 2, Wellsmoor Gardens, Bromley is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in BR1.
2, Wellsmoor Gardens, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2020.
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, Wellsmoor Gardens, Bromley is Chislehurst station which is 400 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, Wellsmoor Gardens, Bromley, 48.5% of property is privately owned outright and 43.9% 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, Wellsmoor Gardens, Bromley, 21.3% of residents are recorded as possessing school level qualifications and 50.6% 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, Wellsmoor Gardens, Bromley, the average age was 42.8 and the most common age was 47.
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, Wellsmoor Gardens, Bromley, 1.3% 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, Wellsmoor Gardens, Bromley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.