According to the public record, 7, New Street Hill, Bromley is a mid-century freehold house with 1,291 ft2 of internal area and sits on a 528 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
New Street Hill, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
7, New Street Hill, Bromley has 21 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated September 2017.
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 New Street Hill Bromley as £618,985 and the rental value as £2,713 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 New Street Hill Bromley has increased by £5,437 (0.9%) and its rental value has increased by £113 per month (4.2%).
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 7, New Street Hill, Bromley is in very good condition we estimate a sale value of £649,934 and rental value of £2,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £575,656 and a rental value of £2,523 per month.
If you were able to purchase this property for the estimated value of £618,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,042 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, New Street Hill, Bromley sits on a plot of 528m2.
We have plot size data on 11 out of 20 other houses in the postcode and 7, New Street Hill, Bromley sits on the 6th largest plot.
According to HM Land Registry, 7, New Street Hill, Bromley was last sold on 02 Nov 2018 for £556,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, New Street Hill, Bromley within a radius of 620 metres over the last 2 years.
The most recent example is 183, Ridgeway Drive, Bromley, BR1 5BX, a Freehold house which sold for £577,500 in Oct 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Street Hill, Bromley, BR1 has a total of 63 addresses. According to our analysis of all the public data, 7, New Street Hill, Bromley is the 44th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in BR1.
7, New Street Hill, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Sep 2017.
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 7, New Street Hill, Bromley is Grove 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, New Street Hill, Bromley, 45.0% of property is privately owned outright and 35.8% 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, New Street Hill, Bromley, 15.5% of residents are recorded as possessing school level qualifications and 32.4% 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, New Street Hill, Bromley, the average age was 40.7 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 7, New Street Hill, Bromley, 2.6% 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, New Street Hill, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.