According to the public record, 8, Hayes Court 116, Bromley is a modern leasehold apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Hayes Court, West Common Road, Bromley, BR2.
West Common Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
8, Hayes Court 116, Bromley has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated July 2016.
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 8 Hayes Court 116 Bromley as £644,992 and the rental value as £2,678 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 8 Hayes Court 116 Bromley has increased by £7,929 (1.2%) and its rental value has increased by £144 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 8, Hayes Court 116, Bromley is in very good condition we estimate a sale value of £677,242 and rental value of £2,812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £599,843 and a rental value of £2,491 per month.
If you were able to purchase this property for the estimated value of £644,992, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,170 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, 8, Hayes Court 116, Bromley was last sold on 06 Feb 2017 for £690,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Hayes Court 116, Bromley within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 10, Hayes Court 116, West Common Road, Bromley, BR2 7EG, a Leasehold flat which sold for £730,000 in Apr 2024.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Common Road, Bromley, BR2 has a total of 81 addresses. According to our analysis of all the public data, 8, Hayes Court 116, Bromley is the 65th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in BR2.
8, Hayes Court 116, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 8, Hayes Court 116, Bromley is Hayes (Kent) station which is 800 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 8, Hayes Court 116, Bromley, 44.3% of property is privately owned outright and 42.1% 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 8, Hayes Court 116, Bromley, 19.8% of residents are recorded as possessing school level qualifications and 43.7% 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 8, Hayes Court 116, Bromley, the average age was 42.9 and the most common age was 57.
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 8, Hayes Court 116, Bromley, 2.9% 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 8, Hayes Court 116, Bromley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.