According to the public record, 248, Moorside Road, Bromley is a mid-century freehold house with 785 ft2 of internal area and sits on a 155 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Moorside Road, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
248, Moorside Road, Bromley has 41 entries in the Land Registry database, most recently in August 2012 and a single entry in the EPC database dated May 2015.
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 248 Moorside Road Bromley as £386,590 and the rental value as £2,189 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 248 Moorside Road Bromley has increased by £12,032 (3.1%) and its rental value has increased by £153 per month (7.0%).
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 248, Moorside Road, Bromley is in very good condition we estimate a sale value of £405,920 and rental value of £2,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,529 and a rental value of £2,036 per month.
If you were able to purchase this property for the estimated value of £386,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,900 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, 248, Moorside Road, Bromley sits on a plot of 155m2.
We have plot size data on 17 out of 28 other houses in the postcode and 248, Moorside Road, Bromley sits on the 7th largest plot.
According to HM Land Registry, 248, Moorside Road, Bromley was last sold on 21 Aug 2012 for £178,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2012, the market for similar properties has risen 102.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 248, Moorside Road, Bromley within a radius of 430 metres over the last 2 years.
The most recent example is 250, Moorside Road, Bromley, BR1 5EZ, a Freehold house which sold for £425,000 in Jun 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moorside Road, Bromley, BR1 has a total of 237 addresses. According to our analysis of all the public data, 248, Moorside Road, Bromley is the 193rd largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in BR1.
248, Moorside Road, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2015.
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 248, Moorside Road, Bromley is Grove Park station which is 1.2 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 248, Moorside Road, Bromley, 33.3% of property is privately owned with a mortgage and 30.1% is socially rented.
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 248, Moorside Road, Bromley, 28.6% of residents are recorded as possessing school level qualifications and 32.4% 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 248, Moorside Road, 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 248, Moorside Road, Bromley, 1.1% 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 248, Moorside Road, 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.