According to the public record, 45, Southwood Close, Bromley is a mid-century freehold house with 1,184 ft2 of internal area and sits on a 438 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Southwood Close, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
45, Southwood Close, Bromley has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated May 2021.
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 45 Southwood Close Bromley as £663,110 and the rental value as £2,647 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 45 Southwood Close Bromley has decreased by £7,377 (1.1%) and its rental value has increased by £75 per month (2.8%).
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 45, Southwood Close, Bromley is in very good condition we estimate a sale value of £696,266 and rental value of £2,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,693 and a rental value of £2,462 per month.
If you were able to purchase this property for the estimated value of £663,110, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,259 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, 45, Southwood Close, Bromley sits on a plot of 438m2.
We have plot size data on 5 out of 6 other houses in the postcode and 45, Southwood Close, Bromley sits on the 2nd largest plot.
According to HM Land Registry, 45, Southwood Close, Bromley was last sold on 19 Nov 2021 for £610,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Southwood Close, Bromley within a radius of 720 metres over the last 2 years.
The most recent example is 71, Blackbrook Lane, Bromley, BR2 8AZ, a Freehold house which sold for £780,000 in Nov 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southwood Close, Bromley, BR1 has a total of 45 addresses. According to our analysis of all the public data, 45, Southwood Close, Bromley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in BR1.
45, Southwood Close, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2021.
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 45, Southwood Close, Bromley is Bickley station which is 800 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 45, Southwood Close, Bromley, 51.4% of property is socially rented and 28.6% 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 45, Southwood Close, Bromley, 14.9% of residents are recorded as possessing school level qualifications and 35.8% 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 45, Southwood Close, Bromley, the average age was 43.1 and the most common age was 47.
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 45, Southwood Close, Bromley, 1.5% 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 45, Southwood Close, 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.