According to the public record, 6, Chingley Close, Bromley is a mid-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Chingley Close, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
6, Chingley Close, Bromley has 41 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated February 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 6 Chingley Close Bromley as £214,312 and the rental value as £1,164 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 6 Chingley Close Bromley has increased by £5,171 (2.4%) and its rental value has increased by £66 per month (5.6%).
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 6, Chingley Close, Bromley is in very good condition we estimate a sale value of £225,027 and rental value of £1,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,310 and a rental value of £1,083 per month.
If you were able to purchase this property for the estimated value of £214,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,053 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 HM Land Registry, 6, Chingley Close, Bromley was last sold on 08 Oct 2015 for £190,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2015, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Chingley Close, Bromley within a radius of 510 metres over the last 2 years.
The most recent example is 25, Farmfield Road, Bromley, BR1 4NF, a Leasehold flat which sold for £255,000 in Jan 2020.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chingley Close, Bromley, BR1 has a total of 36 addresses. According to our analysis of all the public data, 6, Chingley Close, Bromley is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £312k less expensive than the average property in BR1.
6, Chingley Close, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2013.
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 6, Chingley Close, Bromley is Ravensbourne station which is 900 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 6, Chingley Close, Bromley, 64.1% of property is socially rented and 13.0% 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 6, Chingley Close, Bromley, 15.1% of residents are recorded as possessing school level qualifications and 33.7% 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 6, Chingley Close, Bromley, the average age was 38.5 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 6, Chingley Close, Bromley, 0.9% 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 6, Chingley Close, Bromley, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.