According to the public record, 48, Oakridge Road, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,105 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Oakridge Road, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
48, Oakridge Road, Bromley has 31 entries in the Land Registry database, most recently in October 2016 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 48 Oakridge Road Bromley as £443,352 and the rental value as £2,318 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 48 Oakridge Road Bromley has increased by £13,458 (3.0%) and its rental value has increased by £152 per month (6.6%).
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, Oakridge Road, Bromley is in very good condition we estimate a sale value of £465,519 and rental value of £2,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,317 and a rental value of £2,156 per month.
If you were able to purchase this property for the estimated value of £443,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,179 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, 48, Oakridge Road, Bromley was last sold on 12 Oct 2016 for £375,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2016, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Oakridge Road, Bromley within a radius of 440 metres over the last 2 years.
The most recent example is 11, Bamford Road, Bromley, BR1 5QP, a Freehold house which sold for £505,000 in Dec 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakridge Road, Bromley, BR1 has a total of 134 addresses. According to our analysis of all the public data, 48, Oakridge Road, Bromley is the largest and the most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in BR1.
The closest station to 48, Oakridge Road, Bromley is Beckenham Hill station which is 900 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, Oakridge Road, Bromley, 27.9% of property is socially rented and 26.6% 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 48, Oakridge Road, Bromley, 28.2% of residents are recorded as possessing school level qualifications and 27.3% 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, Oakridge Road, Bromley, the average age was 38.5 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 48, Oakridge Road, Bromley, 0.4% 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, Oakridge Road, Bromley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.