According to the public record, 25C, Durham Avenue, Bromley is a period leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and garden.
The apartment is in 25, Durham Avenue, Bromley, BR2.
Durham Avenue, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
25C, Durham Avenue, Bromley has 41 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated October 2018.
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 25C Durham Avenue Bromley as £507,674 and the rental value as £2,108 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 25C Durham Avenue Bromley has increased by £9,150 (1.8%) and its rental value has increased by £129 per month (6.1%).
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 25C, Durham Avenue, Bromley is in very good condition we estimate a sale value of £533,057 and rental value of £2,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,137 and a rental value of £1,961 per month.
If you were able to purchase this property for the estimated value of £507,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,495 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, 25C, Durham Avenue, Bromley was last sold on 28 Mar 2019 for £470,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2019, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25C, Durham Avenue, Bromley within a radius of 540 metres over the last 2 years.
The most recent example is Flat 1, Linda Court, South Hill Road, Bromley, BR2 0RH, a Leasehold flat which sold for £517,500 in Jun 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Avenue, Bromley, BR2 has a total of 253 addresses. According to our analysis of all the public data, 25C, Durham Avenue, Bromley is the 52nd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in BR2.
25C, Durham Avenue, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2018.
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 25C, Durham Avenue, Bromley is Bromley South station which is 1.0 kilometres 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 25C, Durham Avenue, Bromley, 52.2% of property is privately owned outright and 21.6% 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 25C, Durham Avenue, Bromley, 9.6% of residents are recorded as possessing school level qualifications and 49.8% 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 25C, Durham Avenue, Bromley, the average age was 42.6 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 25C, Durham Avenue, Bromley, 2.9% 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 25C, Durham Avenue, Bromley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.