According to the public record, 24, Whitefoot Lane, Bromley is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 24, Whitefoot Lane, Bromley, BR1.
Whitefoot Lane, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
24, Whitefoot Lane, Bromley has 2 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated May 2014.
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 24 Whitefoot Lane Bromley as £281,381 and the rental value as £1,502 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 24 Whitefoot Lane Bromley has increased by £4,441 (1.6%) and its rental value has increased by £85 per month (5.7%).
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 24, Whitefoot Lane, Bromley is in very good condition we estimate a sale value of £295,450 and rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,684 and a rental value of £1,397 per month.
If you were able to purchase this property for the estimated value of £281,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,383 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 HM Land Registry, 24, Whitefoot Lane, Bromley was last sold on 18 Sep 2015 for £241,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2015, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Whitefoot Lane, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 40, Whitefoot Lane, Bromley, BR1 5SJ, a Leasehold flat which sold for £270,000 in Jul 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whitefoot Lane, Bromley, BR1 has a total of 364 addresses. According to our analysis of all the public data, 24, Whitefoot Lane, Bromley is the 322nd largest and the 297th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in BR1.
24, Whitefoot Lane, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2014.
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 24, Whitefoot Lane, Bromley is Beckenham Hill 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 24, Whitefoot Lane, Bromley, 49.3% of property is socially rented and 17.4% 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 24, Whitefoot Lane, Bromley, 24.2% 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 24, Whitefoot Lane, Bromley, the average age was 35.7 and the most common age was 12.
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 24, Whitefoot Lane, Bromley, 0.0% 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 24, Whitefoot Lane, Bromley, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.