According to the public record, 8, Southbourne, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,324 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Southbourne, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
8, Southbourne, Bromley has 2 entries in the Land Registry database, most recently in February 2014 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 8 Southbourne Bromley as £726,968 and the rental value as £2,698 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 Southbourne Bromley has decreased by £2,656 (0.4%) and its rental value has increased by £109 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, Southbourne, Bromley is in very good condition we estimate a sale value of £763,317 and rental value of £2,833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £676,080 and a rental value of £2,510 per month.
If you were able to purchase this property for the estimated value of £726,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,573 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, Southbourne, Bromley was last sold on 28 Feb 2014 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 39.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Southbourne, Bromley within a radius of 640 metres over the last 2 years.
The most recent example is 46, Chatham Avenue, Bromley, BR2 7QD, a Freehold house which sold for £793,500 in Jan 2024.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southbourne, Bromley, BR2 has a total of 26 addresses. According to our analysis of all the public data, 8, Southbourne, Bromley is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in BR2.
The closest station to 8, Southbourne, 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, Southbourne, 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, Southbourne, 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, Southbourne, 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, Southbourne, 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, Southbourne, 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.