According to the public record, 98B, London Road, Bromley is a period apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 98, London Road, Bromley, BR1.
London Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
98B, London Road, Bromley has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2014.
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 98B London Road Bromley as £350,537 and the rental value as £1,591 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 98B London Road Bromley has increased by £8,566 (2.4%) and its rental value has increased by £86 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 98B, London Road, Bromley is in very good condition we estimate a sale value of £368,064 and rental value of £1,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,999 and a rental value of £1,480 per month.
If you were able to purchase this property for the estimated value of £350,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,723 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, 98B, London Road, Bromley was last sold on 15 Apr 2005 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98B, London Road, Bromley within a radius of 400 metres over the last 2 years.
The most recent example is Flat 1, 47, Howard Road, Bromley, BR1 3QJ, a Leasehold flat which sold for £300,000 in Jul 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Bromley, BR1 has a total of 268 addresses. According to our analysis of all the public data, 98B, London Road, Bromley is the 160th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in BR1.
98B, London Road, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Apr 2014.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 98B, London Road, Bromley is Sundridge Park station which is 900 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 98B, London Road, Bromley, 50.4% of property is privately owned with a mortgage and 26.2% 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 98B, London Road, Bromley, 18.2% of residents are recorded as possessing school level qualifications and 55.0% 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 98B, London Road, Bromley, the average age was 38.2 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 98B, London Road, Bromley, 0.0% 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 98B, London Road, Bromley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.