According to the public record, 94, Mead Way, Bromley is a mid-century freehold house with 775 ft2 of internal area and sits on a 267 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mead Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
94, Mead Way, Bromley has 31 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated February 2014.
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 94 Mead Way Bromley as £452,367 and the rental value as £2,107 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 94 Mead Way Bromley has increased by £8,763 (1.9%) and its rental value has increased by £136 per month (6.5%).
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 94, Mead Way, Bromley is in very good condition we estimate a sale value of £474,986 and rental value of £2,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,702 and a rental value of £1,959 per month.
If you were able to purchase this property for the estimated value of £452,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,223 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, 94, Mead Way, Bromley sits on a plot of 267m2.
We have plot size data on 23 out of 37 other houses in the postcode and 94, Mead Way, Bromley sits on the 6th largest plot.
According to HM Land Registry, 94, Mead Way, Bromley was last sold on 19 May 2017 for £530,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 94, Mead Way, Bromley within a radius of 620 metres over the last 2 years.
The most recent example is 10, Shoreham Way, Bromley, BR2 7PU, a Freehold house which sold for £462,000 in Dec 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Way, Bromley, BR2 has a total of 205 addresses. According to our analysis of all the public data, 94, Mead Way, Bromley is the 202nd largest and the 203rd most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in BR2.
94, Mead Way, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2014.
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 94, Mead Way, Bromley is Bromley South station which is 1.4 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 94, Mead Way, Bromley, 47.9% of property is privately owned with a mortgage and 33.6% is privately owned outright.
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 94, Mead Way, Bromley, 20.7% of residents are recorded as possessing school level qualifications and 41.8% 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 94, Mead Way, Bromley, the average age was 38.4 and the most common age was 32.
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 94, Mead Way, Bromley, 2.1% 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 94, Mead Way, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.