According to the public record, 50, Herbert Road, Bromley is a period freehold house with 678 ft2 of internal area and sits on a 135 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Herbert Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
50, Herbert Road, Bromley has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated March 2017.
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 50 Herbert Road Bromley as £447,082 and the rental value as £1,989 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 50 Herbert Road Bromley has increased by £8,873 (2.0%) and its rental value has increased by £126 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 50, Herbert Road, Bromley is in very good condition we estimate a sale value of £469,436 and rental value of £2,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,786 and a rental value of £1,850 per month.
If you were able to purchase this property for the estimated value of £447,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,197 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, 50, Herbert Road, Bromley sits on a plot of 135m2.
We have plot size data on 31 out of 51 other houses in the postcode and 50, Herbert Road, Bromley sits on the 16th largest plot.
According to HM Land Registry, 50, Herbert Road, Bromley was last sold on 07 Dec 2017 for £370,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Herbert Road, Bromley within a radius of 470 metres over the last 2 years.
The most recent example is 26, Herbert Road, Bromley, BR2 9SH, a Freehold house which sold for £460,000 in Aug 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herbert Road, Bromley, BR2 has a total of 51 addresses. According to our analysis of all the public data, 50, Herbert Road, Bromley is the 44th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in BR2.
50, Herbert Road, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 50, Herbert Road, Bromley is Bickley station which is 1.0 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 50, Herbert Road, Bromley, 57.1% of property is privately owned with a mortgage and 31.4% 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 50, Herbert Road, Bromley, 20.2% of residents are recorded as possessing school level qualifications and 45.5% 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 50, Herbert Road, Bromley, the average age was 39.3 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 50, Herbert Road, 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 50, Herbert Road, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.