According to the public record, 3, Cherry Walk, Bromley is a mid-century freehold house with 667 ft2 of internal area and sits on a 294 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cherry Walk, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
3, Cherry Walk, Bromley has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated June 2021.
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 3 Cherry Walk Bromley as £497,758 and the rental value as £1,964 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 3 Cherry Walk Bromley has increased by £2,134 (0.4%) and its rental value has increased by £91 per month (4.6%).
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 3, Cherry Walk, Bromley is in very good condition we estimate a sale value of £522,646 and rental value of £2,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,915 and a rental value of £1,827 per month.
If you were able to purchase this property for the estimated value of £497,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,446 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, 3, Cherry Walk, Bromley sits on a plot of 294m2.
We have plot size data on 12 out of 27 other houses in the postcode and 3, Cherry Walk, Bromley sits on the 8th largest plot.
According to HM Land Registry, 3, Cherry Walk, Bromley was last sold on 30 Sep 2021 for £570,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Cherry Walk, Bromley within a radius of 620 metres over the last 2 years.
The most recent example is 78, George Lane, Bromley, BR2 7LQ, a Freehold house which sold for £418,000 in Feb 2021.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Walk, Bromley, BR2 has a total of 29 addresses. According to our analysis of all the public data, 3, Cherry Walk, Bromley is the 29th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in BR2.
3, Cherry Walk, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 2021.
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 3, Cherry Walk, Bromley is Hayes (Kent) station which is 500 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 3, Cherry Walk, Bromley, 53.1% of property is privately owned with a mortgage and 43.4% is privately owned outright.
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 3, Cherry Walk, Bromley, 18.9% of residents are recorded as possessing school level qualifications and 41.1% 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 3, Cherry Walk, Bromley, the average age was 41.1 and the most common age was 52.
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 3, Cherry Walk, 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 3, Cherry Walk, 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.