According to the public record, 48, Recreation Road, Bromley is a period freehold house with 914 ft2 of internal area and sits on a 84.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Recreation Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
48, Recreation Road, Bromley has 41 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated March 2019.
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 Recreation Road Bromley as £567,148 and the rental value as £2,245 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 48 Recreation Road Bromley has increased by £13,429 (2.4%) and its rental value has increased by £127 per month (5.7%).
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, Recreation Road, Bromley is in very good condition we estimate a sale value of £595,505 and rental value of £2,357 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £527,448 and a rental value of £2,088 per month.
If you were able to purchase this property for the estimated value of £567,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,787 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, Recreation Road, Bromley sits on a plot of 85m2.
We have plot size data on 26 out of 27 other houses in the postcode and 48, Recreation Road, Bromley sits on the 24th largest plot.
According to HM Land Registry, 48, Recreation Road, Bromley was last sold on 30 Sep 2022 for £535,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Recreation Road, Bromley within a radius of 500 metres over the last 2 years.
The most recent example is 9, Recreation Road, Bromley, BR2 0DY, a Freehold house which sold for £550,000 in Nov 2022.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Recreation Road, Bromley, BR2 has a total of 63 addresses. According to our analysis of all the public data, 48, Recreation Road, Bromley is the 19th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in BR2.
48, Recreation Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2019.
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 48, Recreation Road, Bromley is Shortlands station which is 200 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, Recreation Road, Bromley, 46.4% of property is privately rented and 27.8% 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 48, Recreation Road, Bromley, 20.8% of residents are recorded as possessing school level qualifications and 54.4% 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, Recreation Road, Bromley, the average age was 38.4 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, Recreation Road, Bromley, 0.5% 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 48, Recreation Road, 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.