According to the public record, 44, Park Avenue, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,997 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Park Avenue, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
44, Park Avenue, Bromley has a single entry in the Land Registry database from September 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 44 Park Avenue Bromley as £977,106 and the rental value as £2,904 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 44 Park Avenue Bromley has decreased by £3,874 (0.4%) and its rental value has increased by £74 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 44, Park Avenue, Bromley is in very good condition we estimate a sale value of £1,025,962 and rental value of £3,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £908,709 and a rental value of £2,701 per month.
If you were able to purchase this property for the estimated value of £977,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,802 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, 44, Park Avenue, Bromley was last sold on 20 Sep 2007 for £602,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 82.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Park Avenue, Bromley within a radius of 500 metres over the last 2 years.
The most recent example is 33, Park Avenue, Bromley, BR1 4EG, a Freehold house which sold for £885,000 in Nov 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Bromley, BR1 has a total of 126 addresses. According to our analysis of all the public data, 44, Park Avenue, Bromley is the 32nd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £450k more expensive than the average property in BR1.
The closest station to 44, Park Avenue, Bromley is Sundridge Park station which is 600 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 44, Park Avenue, Bromley, 44.3% of property is privately owned outright and 41.2% 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 44, Park Avenue, Bromley, 19.4% of residents are recorded as possessing school level qualifications and 55.1% 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 44, Park Avenue, Bromley, the average age was 40.7 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 44, Park Avenue, Bromley, 2.1% 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 44, Park Avenue, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.