According to the public record, 89, Erickson Gardens, Bromley is a modern leasehold house with 1,227 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Erickson Gardens, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
89, Erickson Gardens, Bromley has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated June 2013.
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 89 Erickson Gardens Bromley as £594,831 and the rental value as £2,585 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 89 Erickson Gardens Bromley has increased by £7,178 (1.2%) and its rental value has increased by £143 per month (5.5%).
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 89, Erickson Gardens, Bromley is in very good condition we estimate a sale value of £624,573 and rental value of £2,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,193 and a rental value of £2,404 per month.
If you were able to purchase this property for the estimated value of £594,831, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,923 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, 89, Erickson Gardens, Bromley sits on a plot of 108m2.
We have plot size data on 49 out of 49 other houses in the postcode and 89, Erickson Gardens, Bromley sits on the 28th largest plot.
According to HM Land Registry, 89, Erickson Gardens, Bromley was last sold on 28 Jun 2013 for £384,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 63.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 89, Erickson Gardens, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 9, Lescot Place, Bromley, BR2 9TW, a Freehold house which sold for £625,000 in Aug 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erickson Gardens, Bromley, BR2 has a total of 76 addresses. According to our analysis of all the public data, 89, Erickson Gardens, Bromley is the 22nd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in BR2.
89, Erickson Gardens, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 89, Erickson Gardens, Bromley is Bickley station which is 1.5 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 89, Erickson Gardens, Bromley, 53.0% of property is privately owned with a mortgage and 28.4% is socially rented.
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 89, Erickson Gardens, Bromley, 21.2% of residents are recorded as possessing school level qualifications and 34.6% 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 89, Erickson Gardens, Bromley, the average age was 38 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 89, Erickson Gardens, Bromley, 0.5% 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 89, Erickson Gardens, 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.