According to the public record, 4, Great Elms Road, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,786 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Great Elms Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
4, Great Elms Road, Bromley has 21 entries in the Land Registry database, most recently in December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Great Elms Road Bromley as £695,684 and the rental value as £2,706 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 4 Great Elms Road Bromley has increased by £3,257 (0.5%) and its rental value has increased by £130 per month (4.8%).
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 4, Great Elms Road, Bromley is in very good condition we estimate a sale value of £730,468 and rental value of £2,841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £646,986 and a rental value of £2,516 per month.
If you were able to purchase this property for the estimated value of £695,684, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,419 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, 4, Great Elms Road, Bromley was last sold on 21 Dec 2006 for £347,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Great Elms Road, Bromley within a radius of 430 metres over the last 2 years.
The most recent example is 48, Godwin Road, Bromley, BR2 9LQ, a Freehold house which sold for £750,000 in Nov 2022.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Elms Road, Bromley, BR2 has a total of 43 addresses. According to our analysis of all the public data, 4, Great Elms Road, Bromley is the 7th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in BR2.
The closest station to 4, Great Elms Road, Bromley is Bromley South station which is 1.0 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 4, Great Elms Road, Bromley, 56.7% of property is privately rented and 24.0% 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 4, Great Elms Road, Bromley, 13.3% of residents are recorded as possessing school level qualifications and 41.6% 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 4, Great Elms Road, Bromley, the average age was 39.3 and the most common age was 37.
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 4, Great Elms Road, Bromley, 2.6% 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 4, Great Elms Road, Bromley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.