According to the public record, 73A, Burnt Ash Lane, Bromley is a mid-century leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Burnt Ash Lane, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
73A, Burnt Ash Lane, Bromley has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated April 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 73A Burnt Ash Lane Bromley as £254,274 and the rental value as £1,293 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 73A Burnt Ash Lane Bromley has increased by £5,340 (2.1%) and its rental value has increased by £67 per month (5.2%).
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 73A, Burnt Ash Lane, Bromley is in very good condition we estimate a sale value of £266,988 and rental value of £1,357 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,475 and a rental value of £1,202 per month.
If you were able to purchase this property for the estimated value of £254,274, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,250 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, 73A, Burnt Ash Lane, Bromley was last sold on 13 Nov 2014 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 25.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73A, Burnt Ash Lane, Bromley within a radius of 550 metres over the last 2 years.
The most recent example is 44, Milk Street, Bromley, BR1 5AD, a Leasehold flat which sold for £240,000 in Dec 2019.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnt Ash Lane, Bromley, BR1 has a total of 388 addresses. According to our analysis of all the public data, 73A, Burnt Ash Lane, Bromley is the 152nd largest and the 310th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in BR1.
73A, Burnt Ash Lane, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Apr 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 73A, Burnt Ash Lane, Bromley is Sundridge Park 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 73A, Burnt Ash Lane, Bromley, 29.0% of property is privately owned with a mortgage and 23.3% is privately 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 73A, Burnt Ash Lane, Bromley, 22.9% of residents are recorded as possessing school level qualifications and 39.5% 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 73A, Burnt Ash Lane, Bromley, the average age was 40.7 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 73A, Burnt Ash Lane, Bromley, 0.4% 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 73A, Burnt Ash Lane, Bromley, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.