According to the public record, 7, Ryder Close, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 815 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ryder Close, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
7, Ryder Close, Bromley has 21 entries in the Land Registry database, most recently in January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Ryder Close Bromley as £290,998 and the rental value as £1,502 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 7 Ryder Close Bromley has increased by £5,996 (2.1%) and its rental value has increased by £81 per month (5.4%).
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, Ryder Close, Bromley is in very good condition we estimate a sale value of £305,548 and rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,628 and a rental value of £1,397 per month.
If you were able to purchase this property for the estimated value of £290,998, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,430 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, 7, Ryder Close, Bromley was last sold on 25 Jan 2008 for £187,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2008, the market for similar properties has risen 54.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ryder Close, Bromley within a radius of 610 metres over the last 2 years.
The most recent example is Flat 10, Clandon Court 69, Burnt Ash Lane, Bromley, BR1 4DJ, a Leasehold flat which sold for £275,000 in Jun 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ryder Close, Bromley, BR1 has a total of 28 addresses. According to our analysis of all the public data, 7, Ryder Close, Bromley is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in BR1.
The closest station to 7, Ryder Close, Bromley is Sundridge Park 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 7, Ryder Close, 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, Ryder Close, 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, Ryder Close, 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, Ryder Close, 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, Ryder Close, 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.