According to the public record, 26 Axiom Apartments 42, Bromley is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Axiom Apartments, Sparkes Close, Bromley, BR2.
Sparkes Close, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
26 Axiom Apartments 42, Bromley has 21 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated November 2019.
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 26 Axiom Apartments 42 Bromley as £446,662 and the rental value as £1,893 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 26 Axiom Apartments 42 Bromley has increased by £6,329 (1.4%) and its rental value has increased by £110 per month (5.8%).
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 26 Axiom Apartments 42, Bromley is in very good condition we estimate a sale value of £468,995 and rental value of £1,988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,396 and a rental value of £1,760 per month.
If you were able to purchase this property for the estimated value of £446,662, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,195 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, 26 Axiom Apartments 42, Bromley was last sold on 03 Jan 2014 for £327,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2014, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26 Axiom Apartments 42, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 20 Axiom Apartments 42, Sparkes Close, Bromley, BR2 9BU, a Leasehold flat which sold for £440,000 in Apr 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sparkes Close, Bromley, BR2 has a total of 109 addresses. According to our analysis of all the public data, 26 Axiom Apartments 42, Bromley is the 37th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in BR2.
26 Axiom Apartments 42, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Nov 2019.
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 26 Axiom Apartments 42, Bromley is Bromley South 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 26 Axiom Apartments 42, Bromley, 48.3% of property is socially rented and 32.6% is privately 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 26 Axiom Apartments 42, Bromley, 14.5% of residents are recorded as possessing school level qualifications and 59.5% 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 26 Axiom Apartments 42, 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 26 Axiom Apartments 42, Bromley, 1.4% 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 26 Axiom Apartments 42, 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.