According to the public record, 22, Great Elms Road, Bromley is a period freehold house with 1,506 ft2 of internal area and sits on a 409 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Great Elms Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
22, Great Elms Road, Bromley has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated March 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 22 Great Elms Road Bromley as £713,025 and the rental value as £2,833 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 22 Great Elms Road Bromley has increased by £3,339 (0.5%) and its rental value has increased by £136 per month (4.8%).
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 22, Great Elms Road, Bromley is in very good condition we estimate a sale value of £748,676 and rental value of £2,974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £663,113 and a rental value of £2,634 per month.
If you were able to purchase this property for the estimated value of £713,025, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,504 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, 22, Great Elms Road, Bromley sits on a plot of 409m2.
We have plot size data on 12 out of 19 other houses in the postcode and 22, Great Elms Road, Bromley sits on the largest plot.
According to HM Land Registry, 22, Great Elms Road, Bromley was last sold on 20 Nov 2020 for £725,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Great Elms Road, Bromley within a radius of 420 metres over the last 2 years.
The most recent example is 77, Homesdale Road, Bromley, BR2 9LB, a Freehold house which sold for £660,000 in Nov 2022.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Elms Road, Bromley, BR2 has a total of 43 addresses. According to our analysis of all the public data, 22, Great Elms Road, Bromley is the 10th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in BR2.
22, Great Elms Road, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 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 22, Great Elms Road, Bromley is Bromley South station which is 1.0 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 22, Great Elms Road, Bromley, 56.7% of property is privately rented and 24.0% 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 22, Great Elms Road, Bromley, 13.3% of residents are recorded as possessing school level qualifications and 41.6% 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 22, Great Elms Road, Bromley, the average age was 39.3 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 22, Great Elms Road, Bromley, 2.6% 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 22, Great Elms Road, Bromley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.