According to the public record, 564, Downham Way, Bromley is a mid-century house with 645 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Downham Way, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
564, Downham Way, Bromley has no records in the Land Registry database and a single entry in the EPC database dated July 2019.
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 564 Downham Way Bromley as £350,256 and the rental value as £2,008 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 564 Downham Way Bromley has increased by £10,943 (3.1%) and its rental value has increased by £136 per month (6.8%).
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 564, Downham Way, Bromley is in very good condition we estimate a sale value of £367,769 and rental value of £2,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,738 and a rental value of £1,868 per month.
If you were able to purchase this property for the estimated value of £350,256, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,721 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, 564, Downham Way, Bromley sits on a plot of 149m2.
We have plot size data on 22 out of 42 other houses in the postcode and 564, Downham Way, Bromley sits on the 22nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 564, Downham Way, Bromley within a radius of 420 metres over the last 2 years.
The most recent example is 59, Reigate Road, Bromley, BR1 5JJ, a Freehold house which sold for £362,000 in Dec 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downham Way, Bromley, BR1 has a total of 641 addresses. According to our analysis of all the public data, 564, Downham Way, Bromley is the 532nd largest and the 459th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in BR1.
564, Downham Way, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 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 564, Downham Way, Bromley is Grove Park station which is 400 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 564, Downham Way, Bromley, 35.0% of property is privately rented and 29.9% is socially rented.
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 564, Downham Way, Bromley, 28.2% of residents are recorded as possessing school level qualifications and 32.8% 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 564, Downham Way, Bromley, the average age was 35.2 and the most common age was 12.
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 564, Downham Way, 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 564, Downham Way, 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.