According to the public record, 34, Mead Way, Bromley is a early-century freehold house with 1,022 ft2 of internal area and sits on a 526 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mead Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
34, Mead Way, Bromley has a single entry in the Land Registry database from August 2014 and a single entry in the EPC database dated April 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 34 Mead Way Bromley as £620,760 and the rental value as £2,418 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 34 Mead Way Bromley has increased by £6,189 (1.0%) and its rental value has increased by £132 per month (5.5%).
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 34, Mead Way, Bromley is in very good condition we estimate a sale value of £651,798 and rental value of £2,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £577,307 and a rental value of £2,249 per month.
If you were able to purchase this property for the estimated value of £620,760, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,051 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, 34, Mead Way, Bromley sits on a plot of 526m2.
We have plot size data on 21 out of 36 other houses in the postcode and 34, Mead Way, Bromley sits on the 2nd largest plot.
According to HM Land Registry, 34, Mead Way, Bromley was last sold on 29 Aug 2014 for £405,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 34.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Mead Way, Bromley within a radius of 690 metres over the last 2 years.
The most recent example is 52, Mead Way, Bromley, BR2 9EW, a Freehold house which sold for £590,000 in Dec 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Way, Bromley, BR2 has a total of 205 addresses. According to our analysis of all the public data, 34, Mead Way, Bromley is the 181st largest and the 105th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in BR2.
34, Mead Way, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Apr 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 34, Mead Way, Bromley is Bromley South station which is 1.3 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 34, Mead Way, Bromley, 46.6% of property is privately owned outright and 45.8% 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 34, Mead Way, Bromley, 20.2% of residents are recorded as possessing school level qualifications and 38.5% 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 34, Mead Way, 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 34, Mead Way, Bromley, 0.8% 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 34, Mead Way, 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.