According to the public record, 3, Southborough Road, Bromley is a mid-century freehold house with 4,682 ft2 of internal area and sits on a 1,132 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Southborough Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
3, Southborough Road, Bromley has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated August 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 3 Southborough Road Bromley as £1,758,301 and the rental value as £5,104 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 3 Southborough Road Bromley has decreased by £19,562 (1.1%) and its rental value has increased by £144 per month (2.8%).
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 3, Southborough Road, Bromley is in very good condition we estimate a sale value of £1,846,216 and rental value of £5,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,635,220 and a rental value of £4,747 per month.
If you were able to purchase this property for the estimated value of £1,758,301, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,642 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, Southborough Road, Bromley sits on a plot of 1132m2.
We have plot size data on 12 out of 15 other houses in the postcode and 3, Southborough Road, Bromley sits on the 3rd largest plot.
According to HM Land Registry, 3, Southborough Road, Bromley was last sold on 18 Jun 2021 for £1,800,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Southborough Road, Bromley within a radius of 700 metres over the last 2 years.
The most recent example is 1, Park Hill, Bromley, BR1 2JH, a Freehold house which sold for £1,200,000 in Feb 2018.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southborough Road, Bromley, BR1 has a total of 117 addresses. According to our analysis of all the public data, 3, Southborough Road, Bromley is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.232m more expensive than the average property in BR1.
3, Southborough Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 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 3, Southborough Road, Bromley is Bickley station which is 300 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, Southborough Road, Bromley, 50.0% of property is privately owned outright and 39.8% 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 3, Southborough Road, Bromley, 23.7% of residents are recorded as possessing school level qualifications and 63.4% 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 3, Southborough Road, Bromley, the average age was 43.1 and the most common age was 47.
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, Southborough Road, Bromley, 4.1% 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 3, Southborough Road, Bromley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.