According to the public record, 8, Pittsmead Avenue, Bromley is a early-century freehold house with 1,205 ft2 of internal area and sits on a 328 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pittsmead Avenue, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
8, Pittsmead Avenue, Bromley has 21 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated April 2021.
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 Pittsmead Avenue Bromley as £724,185 and the rental value as £2,581 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 8 Pittsmead Avenue Bromley has decreased by £2,645 (0.4%) and its rental value has increased by £104 per month (4.0%).
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, Pittsmead Avenue, Bromley is in very good condition we estimate a sale value of £760,394 and rental value of £2,710 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £673,492 and a rental value of £2,400 per month.
If you were able to purchase this property for the estimated value of £724,185, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,559 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, 8, Pittsmead Avenue, Bromley sits on a plot of 328m2.
We have plot size data on 10 out of 19 other houses in the postcode and 8, Pittsmead Avenue, Bromley sits on the 4th largest plot.
According to HM Land Registry, 8, Pittsmead Avenue, Bromley was last sold on 17 Dec 2021 for £704,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Pittsmead Avenue, Bromley within a radius of 620 metres over the last 2 years.
The most recent example is 38, Chatham Avenue, Bromley, BR2 7QD, a Freehold house which sold for £700,000 in Apr 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pittsmead Avenue, Bromley, BR2 has a total of 19 addresses. According to our analysis of all the public data, 8, Pittsmead Avenue, Bromley is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £141k more expensive than the average property in BR2.
8, Pittsmead Avenue, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2021.
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 8, Pittsmead Avenue, Bromley is Hayes (Kent) station which is 700 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, Pittsmead Avenue, Bromley, 47.5% of property is privately owned outright and 47.5% 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, Pittsmead Avenue, Bromley, 23.3% of residents are recorded as possessing school level qualifications and 38.4% 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 8, Pittsmead Avenue, Bromley, the average age was 41.1 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 8, Pittsmead Avenue, Bromley, 0.0% 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, Pittsmead Avenue, Bromley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.