According to the public record, 5, Arcus Road, Bromley is a mid-century freehold house with 785 ft2 of internal area and sits on a 398 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Arcus Road, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
5, Arcus Road, Bromley has 2 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated October 2013.
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 5 Arcus Road Bromley as £384,719 and the rental value as £2,179 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 5 Arcus Road Bromley has increased by £12,178 (3.2%) and its rental value has increased by £140 per month (6.4%).
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 5, Arcus Road, Bromley is in very good condition we estimate a sale value of £403,955 and rental value of £2,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,789 and a rental value of £2,026 per month.
If you were able to purchase this property for the estimated value of £384,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,891 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, 5, Arcus Road, Bromley sits on a plot of 398m2.
We have plot size data on 22 out of 33 other houses in the postcode and 5, Arcus Road, Bromley sits on the 2nd largest plot.
According to HM Land Registry, 5, Arcus Road, Bromley was last sold on 16 Aug 2013 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2013, the market for similar properties has risen 73.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Arcus Road, Bromley within a radius of 480 metres over the last 2 years.
The most recent example is 181, Farmfield Road, Bromley, BR1 4NQ, a Freehold house which sold for £405,000 in Sep 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arcus Road, Bromley, BR1 has a total of 91 addresses. According to our analysis of all the public data, 5, Arcus Road, Bromley is the 49th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in BR1.
5, Arcus Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2013.
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 5, Arcus Road, Bromley is Ravensbourne station which is 1.1 kilometres 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 5, Arcus Road, Bromley, 33.9% of property is socially rented and 29.1% 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 5, Arcus Road, Bromley, 30.7% of residents are recorded as possessing school level qualifications and 30.2% 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 5, Arcus 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 5, Arcus Road, Bromley, 0.3% 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 5, Arcus Road, 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.