According to the public record, 40, Malling Way, Bromley is a mid-century freehold house with 968 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malling Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
40, Malling Way, Bromley has a single entry in the Land Registry database from July 2013 and a single entry in the EPC database dated March 2013.
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 40 Malling Way Bromley as £514,825 and the rental value as £2,304 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 40 Malling Way Bromley has increased by £7,883 (1.5%) and its rental value has increased by £137 per month (5.9%).
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 40, Malling Way, Bromley is in very good condition we estimate a sale value of £540,566 and rental value of £2,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,787 and a rental value of £2,143 per month.
If you were able to purchase this property for the estimated value of £514,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,530 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, 40, Malling Way, Bromley sits on a plot of 268m2.
We have plot size data on 24 out of 44 other houses in the postcode and 40, Malling Way, Bromley sits on the 15th largest plot.
According to HM Land Registry, 40, Malling Way, Bromley was last sold on 18 Jul 2013 for £283,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2013, the market for similar properties has risen 64.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Malling Way, Bromley within a radius of 600 metres over the last 2 years.
The most recent example is 13, Malling Way, Bromley, BR2 7PJ, a Freehold house which sold for £525,000 in Jul 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malling Way, Bromley, BR2 has a total of 46 addresses. According to our analysis of all the public data, 40, Malling Way, Bromley is the 36th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in BR2.
40, Malling Way, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2013.
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 40, Malling Way, Bromley is Hayes (Kent) station which is 900 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 40, Malling Way, Bromley, 41.4% of property is privately owned with a mortgage and 32.1% 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 40, Malling Way, Bromley, 20.3% of residents are recorded as possessing school level qualifications and 35.7% 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 40, Malling 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 40, Malling Way, Bromley, 0.0% 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 40, Malling Way, Bromley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.