According to the public record, 6, Freelands Grove, Bromley is a period apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 6, Freelands Grove, Bromley, BR1.
Freelands Grove, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
6, Freelands Grove, Bromley has no records in the Land Registry database and a single entry in the EPC database dated February 2014.
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 6 Freelands Grove Bromley as £289,360 and the rental value as £1,511 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 6 Freelands Grove Bromley has increased by £4,933 (1.7%) and its rental value has increased by £70 per month (4.6%).
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, Freelands Grove, Bromley is in very good condition we estimate a sale value of £303,828 and rental value of £1,586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,105 and a rental value of £1,405 per month.
If you were able to purchase this property for the estimated value of £289,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,422 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Freelands Grove, Bromley within a radius of 430 metres over the last 2 years.
The most recent example is Flat 1, The Old Courtyard 36, Park Road, Bromley, BR1 3HP, a Leasehold flat which sold for £297,000 in Dec 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Freelands Grove, Bromley, BR1 has a total of 19 addresses. According to our analysis of all the public data, 6, Freelands Grove, Bromley is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £237k less expensive than the average property in BR1.
6, Freelands Grove, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 6, Freelands Grove, Bromley is Sundridge 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 6, Freelands Grove, Bromley, 36.9% of property is privately owned with a mortgage and 30.8% 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 6, Freelands Grove, Bromley, 12.5% of residents are recorded as possessing school level qualifications and 51.6% 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 6, Freelands Grove, 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 6, Freelands Grove, Bromley, 0.4% 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, Freelands Grove, 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.