According to the public record, 48, Madeira Avenue, Bromley is a mid-century freehold house with 1,356 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Madeira Avenue, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
48, Madeira Avenue, Bromley has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated March 2014.
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 48 Madeira Avenue Bromley as £644,723 and the rental value as £2,667 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 48 Madeira Avenue Bromley has increased by £8,419 (1.3%) and its rental value has increased by £114 per month (4.3%).
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 48, Madeira Avenue, Bromley is in very good condition we estimate a sale value of £676,960 and rental value of £2,801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £599,593 and a rental value of £2,481 per month.
If you were able to purchase this property for the estimated value of £644,723, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,169 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, 48, Madeira Avenue, Bromley sits on a plot of 198m2.
We have plot size data on 15 out of 28 other houses in the postcode and 48, Madeira Avenue, Bromley sits on the 18th largest plot.
According to HM Land Registry, 48, Madeira Avenue, Bromley was last sold on 07 Oct 2022 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Madeira Avenue, Bromley within a radius of 480 metres over the last 2 years.
The most recent example is 1A, Madeira Avenue, Bromley, BR1 4AP, a Freehold house which sold for £560,000 in Oct 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madeira Avenue, Bromley, BR1 has a total of 134 addresses. According to our analysis of all the public data, 48, Madeira Avenue, Bromley is the 55th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in BR1.
48, Madeira Avenue, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 48, Madeira Avenue, Bromley is Shortlands station which is 500 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 48, Madeira Avenue, Bromley, 31.8% of property is privately owned with a mortgage and 27.0% 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 48, Madeira Avenue, Bromley, 19.1% of residents are recorded as possessing school level qualifications and 44.4% 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 48, Madeira Avenue, 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 48, Madeira Avenue, 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 48, Madeira Avenue, 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.