According to the public record, 7, Bay Tree Close, Bromley is a modern freehold house with 2,368 ft2 of internal area and sits on a 617 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bay Tree Close, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
7, Bay Tree Close, Bromley has 2 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated September 2018.
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 7 Bay Tree Close Bromley as £1,398,807 and the rental value as £4,061 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 7 Bay Tree Close Bromley has decreased by £8,998 (0.6%) and its rental value has increased by £105 per month (2.6%).
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 7, Bay Tree Close, Bromley is in very good condition we estimate a sale value of £1,468,748 and rental value of £4,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,300,891 and a rental value of £3,776 per month.
If you were able to purchase this property for the estimated value of £1,398,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,875 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, 7, Bay Tree Close, Bromley sits on a plot of 617m2.
We have plot size data on 3 out of 7 other houses in the postcode and 7, Bay Tree Close, Bromley sits on the largest plot.
According to HM Land Registry, 7, Bay Tree Close, Bromley was last sold on 06 Dec 2019 for £1,247,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bay Tree Close, Bromley within a radius of 600 metres over the last 2 years.
The most recent example is 17, Orchard Road, Bromley, BR1 2PR, a Freehold house which sold for £1,435,000 in Jul 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bay Tree Close, Bromley, BR1 has a total of 7 addresses. According to our analysis of all the public data, 7, Bay Tree Close, Bromley is the largest and the most expensive property on the street.
When compared to the postcode district it is £872k more expensive than the average property in BR1.
7, Bay Tree Close, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 7, Bay Tree Close, Bromley is Sundridge Park station which is 1.0 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 7, Bay Tree Close, Bromley, 47.4% of property is privately owned outright and 32.3% 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 7, Bay Tree Close, Bromley, 16.1% of residents are recorded as possessing school level qualifications and 52.7% 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 7, Bay Tree Close, Bromley, the average age was 40.1 and the most common age was 52.
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 7, Bay Tree Close, Bromley, 1.3% 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 7, Bay Tree Close, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.