According to the public record, 40, Plaistow Lane, Bromley is a period freehold house with 602 ft2 of internal area and sits on a 79.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Plaistow Lane, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
40, Plaistow Lane, Bromley has 21 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated May 2023.
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 Plaistow Lane Bromley as £417,819 and the rental value as £1,962 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 40 Plaistow Lane Bromley has increased by £13,610 (3.3%) and its rental value has increased by £122 per month (6.2%).
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, Plaistow Lane, Bromley is in very good condition we estimate a sale value of £438,710 and rental value of £2,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,572 and a rental value of £1,824 per month.
If you were able to purchase this property for the estimated value of £417,819, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,053 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, Plaistow Lane, Bromley sits on a plot of 79m2.
We have plot size data on 5 out of 7 other houses in the postcode and 40, Plaistow Lane, Bromley sits on the 6th largest plot.
According to HM Land Registry, 40, Plaistow Lane, Bromley was last sold on 29 Sep 2023 for £405,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Plaistow Lane, Bromley within a radius of 500 metres over the last 2 years.
The most recent example is 45, Plaistow Grove, Bromley, BR1 3PB, a Freehold house which sold for £440,100 in May 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plaistow Lane, Bromley, BR1 has a total of 268 addresses. According to our analysis of all the public data, 40, Plaistow Lane, Bromley is the 195th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in BR1.
40, Plaistow Lane, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 May 2023.
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, Plaistow Lane, Bromley is Sundridge Park station which is 100 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, Plaistow Lane, Bromley, 29.2% of property is privately rented and 25.8% 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 40, Plaistow Lane, Bromley, 28.6% of residents are recorded as possessing school level qualifications and 39.5% 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 40, Plaistow Lane, Bromley, the average age was 38.2 and the most common age was 32.
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, Plaistow Lane, Bromley, 1.0% 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, Plaistow Lane, Bromley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.