According to the public record, 55, London Lane, Bromley is a mid-century house with 1,614 ft2 of internal area and sits on a 689 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
London Lane, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
55, London Lane, Bromley has no records in the Land Registry database and a single entry in the EPC database dated May 2015.
We combine this information with public data 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 55 London Lane Bromley as £764,679 and the rental value as £2,707 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 55 London Lane Bromley has increased by £5,125 (0.7%) and its rental value has increased by £96 per month (3.6%).
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 55, London Lane, Bromley is in very good condition we estimate a sale value of £802,913 and rental value of £2,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £711,151 and a rental value of £2,517 per month.
If you were able to purchase this property for the estimated value of £764,679, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,758 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, 55, London Lane, Bromley sits on a plot of 689m2.
We have plot size data on 7 out of 8 other houses in the postcode and 55, London Lane, Bromley sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, London Lane, Bromley within a radius of 450 metres over the last 2 years.
The most recent example is 14, Quernmore Close, Bromley, BR1 4EL, a Freehold house which sold for £800,000 in Apr 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Lane, Bromley, BR1 has a total of 216 addresses. According to our analysis of all the public data, 55, London Lane, Bromley is the 49th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in BR1.
55, London Lane, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2015.
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 55, London Lane, Bromley is Sundridge Park station which is 800 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 55, London Lane, Bromley, 34.8% of property is privately rented and 29.8% 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 55, London Lane, Bromley, 12.4% of residents are recorded as possessing school level qualifications and 42.1% 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 55, London Lane, 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 55, London Lane, Bromley, 2.5% 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 55, London Lane, 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.