According to the public record, 59, Balfour Road, Bromley is a period freehold house with 678 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Balfour Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
59, Balfour Road, Bromley has 31 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated January 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 59 Balfour Road Bromley as £427,253 and the rental value as £1,975 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 59 Balfour Road Bromley has increased by £8,195 (1.9%) and its rental value has increased by £123 per month (6.2%).
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 59, Balfour Road, Bromley is in very good condition we estimate a sale value of £448,616 and rental value of £2,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,345 and a rental value of £1,837 per month.
If you were able to purchase this property for the estimated value of £427,253, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,100 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, 59, Balfour Road, Bromley sits on a plot of 164m2.
We have plot size data on 23 out of 36 other houses in the postcode and 59, Balfour Road, Bromley sits on the 3rd largest plot.
According to HM Land Registry, 59, Balfour Road, Bromley was last sold on 01 Jun 2018 for £415,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2018, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Balfour 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.
Balfour Road, Bromley, BR2 has a total of 84 addresses. According to our analysis of all the public data, 59, Balfour Road, Bromley is the 84th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in BR2.
59, Balfour Road, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2013.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 59, Balfour Road, Bromley is Bickley 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 59, Balfour Road, Bromley, 52.4% of property is privately owned with a mortgage and 28.6% 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 59, Balfour Road, Bromley, 19.5% of residents are recorded as possessing school level qualifications and 47.0% 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 59, Balfour 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 59, Balfour 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 59, Balfour Road, Bromley, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.