According to the public record, 35B, Ravensbourne Road, Bromley is a period leasehold apartment with 797 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 35, Ravensbourne Road, Bromley, BR1.
Ravensbourne Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
35B, Ravensbourne Road, Bromley has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated May 2009.
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 35B Ravensbourne Road Bromley as £332,760 and the rental value as £1,662 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 35B Ravensbourne Road Bromley has increased by £6,964 (2.1%) and its rental value has increased by £89 per month (5.4%).
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 35B, Ravensbourne Road, Bromley is in very good condition we estimate a sale value of £349,398 and rental value of £1,745 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,467 and a rental value of £1,546 per month.
If you were able to purchase this property for the estimated value of £332,760, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,635 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, 35B, Ravensbourne Road, Bromley was last sold on 03 Dec 2018 for £312,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35B, Ravensbourne Road, Bromley within a radius of 450 metres over the last 2 years.
The most recent example is 47C, Ravensbourne Road, Bromley, BR1 1HW, a Leasehold flat which sold for £330,000 in Jul 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ravensbourne Road, Bromley, BR1 has a total of 90 addresses. According to our analysis of all the public data, 35B, Ravensbourne Road, Bromley is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in BR1.
35B, Ravensbourne Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2009.
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 35B, Ravensbourne Road, Bromley is Bromley South station which is 300 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 35B, Ravensbourne Road, Bromley, 54.6% of property is privately rented and 22.2% 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 35B, Ravensbourne Road, Bromley, 19.1% of residents are recorded as possessing school level qualifications and 46.5% 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 35B, Ravensbourne Road, 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 35B, Ravensbourne Road, Bromley, 0.8% 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 35B, Ravensbourne Road, Bromley, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.