According to the public record, 59, Erickson Gardens, Bromley is a modern leasehold house with 1,184 ft2 of internal area and sits on a 95.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Erickson Gardens, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
59, Erickson Gardens, Bromley has a single entry in the Land Registry database from September 2012 and a single entry in the EPC database dated May 2023.
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 Erickson Gardens Bromley as £575,013 and the rental value as £2,471 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 59 Erickson Gardens Bromley has increased by £13,097 (2.3%) and its rental value has increased by £164 per month (6.6%).
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 59, Erickson Gardens, Bromley is in very good condition we estimate a sale value of £603,763 and rental value of £2,595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,762 and a rental value of £2,298 per month.
If you were able to purchase this property for the estimated value of £575,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,826 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, Erickson Gardens, Bromley sits on a plot of 96m2.
We have plot size data on 49 out of 49 other houses in the postcode and 59, Erickson Gardens, Bromley sits on the 41st largest plot.
According to HM Land Registry, 59, Erickson Gardens, Bromley was last sold on 28 Sep 2012 for £379,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2012, the market for similar properties has risen 85.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Erickson Gardens, Bromley within a radius of 440 metres over the last 2 years.
The most recent example is 9, Lorimer Row, Bromley, BR2 9GQ, a Freehold house which sold for £552,500 in Jan 2024.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erickson Gardens, Bromley, BR2 has a total of 76 addresses. According to our analysis of all the public data, 59, Erickson Gardens, Bromley is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in BR2.
59, Erickson Gardens, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2023.
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 59, Erickson Gardens, Bromley is Bickley station which is 1.5 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, Erickson Gardens, Bromley, 53.0% of property is privately owned with a mortgage and 28.4% 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 59, Erickson Gardens, Bromley, 21.2% of residents are recorded as possessing school level qualifications and 34.6% 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, Erickson Gardens, Bromley, the average age was 38 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, Erickson Gardens, Bromley, 0.5% 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 59, Erickson Gardens, Bromley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.