According to the public record, 42C, Homesdale Road, Bromley is a period apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 42, Homesdale Road, Bromley, BR2.
Homesdale Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
42C, Homesdale Road, Bromley has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2018.
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 42C Homesdale Road Bromley as £241,091 and the rental value as £1,219 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 42C Homesdale Road Bromley has increased by £1,680 (0.7%) and its rental value has increased by £60 per month (4.9%).
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 42C, Homesdale Road, Bromley is in very good condition we estimate a sale value of £253,145 and rental value of £1,280 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,214 and a rental value of £1,134 per month.
If you were able to purchase this property for the estimated value of £241,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,185 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, 42C, Homesdale Road, Bromley was last sold on 11 Jun 1999 for £54,950 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 42C, Homesdale Road, Bromley within a radius of 430 metres over the last 2 years.
The most recent example is 39, Heron Court, Bromley, BR2 9LR, a Leasehold flat which sold for £227,500 in Feb 2022.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homesdale Road, Bromley, BR2 has a total of 471 addresses. According to our analysis of all the public data, 42C, Homesdale Road, Bromley is the 314th largest and the 293rd most expensive property on the street.
When compared to the postcode district it is £343k less expensive than the average property in BR2.
42C, Homesdale Road, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 42C, Homesdale Road, Bromley is Bromley South 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 42C, Homesdale Road, Bromley, 38.2% of property is privately owned with a mortgage and 30.5% is privately rented.
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 42C, Homesdale Road, Bromley, 22.3% of residents are recorded as possessing school level qualifications and 41.8% 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 42C, Homesdale Road, Bromley, the average age was 39.3 and the most common age was 37.
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 42C, Homesdale 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 42C, Homesdale 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.