According to the public record, 40B, Hayes Street, Bromley is a mid-century apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 40, Hayes Street, Bromley, BR2.
Hayes Street, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
40B, Hayes Street, Bromley has no records in the Land Registry database and a single entry in the EPC database dated July 2021.
We combine this information with public data 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 40B Hayes Street Bromley as £207,159 and the rental value as £1,031 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 40B Hayes Street Bromley has increased by £1,982 (1.0%) and its rental value has increased by £53 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 40B, Hayes Street, Bromley is in very good condition we estimate a sale value of £217,517 and rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,658 and a rental value of £959 per month.
If you were able to purchase this property for the estimated value of £207,159, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,018 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40B, Hayes Street, Bromley within a radius of 740 metres over the last 2 years.
The most recent example is Flat 12, Hopton Court, Forge Close, Bromley, BR2 7LP, a Leasehold flat which sold for £155,000 in Apr 2022.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hayes Street, Bromley, BR2 has a total of 63 addresses. According to our analysis of all the public data, 40B, Hayes Street, Bromley is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £377k less expensive than the average property in BR2.
40B, Hayes Street, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jul 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 40B, Hayes Street, Bromley is Hayes (Kent) station which is 600 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 40B, Hayes Street, Bromley, 36.5% of property is privately owned outright and 36.5% 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 40B, Hayes Street, Bromley, 23.6% of residents are recorded as possessing school level qualifications and 40.7% 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 40B, Hayes Street, Bromley, the average age was 42.9 and the most common age was 57.
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 40B, Hayes Street, 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 40B, Hayes Street, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.