According to the public record, 43, Park Road, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,215 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Park Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
43, Park Road, Bromley has 31 entries in the Land Registry database, most recently in April 2007 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 43 Park Road Bromley as £1,087,996 and the rental value as £3,158 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 43 Park Road Bromley has decreased by £3,962 (0.4%) and its rental value has increased by £79 per month (2.5%).
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 43, Park Road, Bromley is in very good condition we estimate a sale value of £1,142,395 and rental value of £3,316 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,011,836 and a rental value of £2,937 per month.
If you were able to purchase this property for the estimated value of £1,087,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,347 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, 43, Park Road, Bromley was last sold on 03 Apr 2007 for £625,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2007, the market for similar properties has risen 85.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Park Road, Bromley within a radius of 410 metres over the last 2 years.
The most recent example is 70, Widmore Road, Bromley, BR1 3BD, a Freehold house which sold for £1,280,000 in May 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Bromley, BR1 has a total of 102 addresses. According to our analysis of all the public data, 43, Park Road, Bromley is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £561k more expensive than the average property in BR1.
The closest station to 43, Park Road, Bromley is Bromley North 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 43, Park Road, Bromley, 42.6% of property is privately owned with a mortgage and 30.9% is privately rented.
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 43, Park Road, Bromley, 16.5% of residents are recorded as possessing school level qualifications and 52.7% 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 43, Park Road, 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 43, Park Road, 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 43, Park Road, Bromley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.