According to the public record, 29B , Pickhurst Lane, Bromley is a early-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 29, Pickhurst Lane, Bromley, BR2.
Pickhurst Lane, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
29B , Pickhurst Lane, Bromley has 2 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated November 2020.
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 29B Pickhurst Lane Bromley as £178,029 and the rental value as £886 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 29B Pickhurst Lane Bromley has increased by £1,711 (1.0%) and its rental value has increased by £46 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 29B , Pickhurst Lane, Bromley is in very good condition we estimate a sale value of £186,930 and rental value of £931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,567 and a rental value of £824 per month.
If you were able to purchase this property for the estimated value of £178,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £875 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, 29B , Pickhurst Lane, Bromley was last sold on 06 Oct 2015 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2015, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 590 metres radius of 29B , Pickhurst Lane, Bromley over the last 2 years.
The most recent example is 29A , Pickhurst Lane, Bromley, BR2 7JE, a Leasehold flat which sold for £246,000 in Oct 2021.
Read more about house prices in BR2.
Pickhurst Lane, Bromley, BR2 has a total of 152 addresses. According to our analysis of all the public data, 29B , Pickhurst Lane, Bromley is the 152nd largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £406k less expensive than the average property in BR2.
29B , Pickhurst Lane, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 29B , Pickhurst Lane, Bromley is Hayes (Kent) station which is 200 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 29B , Pickhurst Lane, Bromley, 47.5% of property is privately owned with a mortgage and 46.7% 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 29B , Pickhurst Lane, Bromley, 27.1% of residents are recorded as possessing school level qualifications and 45.2% 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 29B , Pickhurst Lane, 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 29B , Pickhurst Lane, Bromley, 1.7% 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 29B , Pickhurst Lane, 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.