According to the public record, Flat 1, 114, London Road, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 779 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 114, London Road, Bromley, BR1.
London Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 1, 114, London Road, Bromley has 51 entries in the Land Registry database, most recently in September 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 114 London Road Bromley as £349,663 and the rental value as £1,650 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 1 114 London Road Bromley has increased by £8,544 (2.4%) 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 Flat 1, 114, London Road, Bromley is in very good condition we estimate a sale value of £367,147 and rental value of £1,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,187 and a rental value of £1,534 per month.
If you were able to purchase this property for the estimated value of £349,663, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,718 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, Flat 1, 114, London Road, Bromley was last sold on 18 Sep 2014 for £285,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2014, the market for similar properties has risen 28.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 114, London Road, Bromley within a radius of 440 metres over the last 2 years.
The most recent example is Flat 5, 42, London Lane, Bromley, BR1 4HE, a Leasehold flat which sold for £325,000 in Mar 2024.
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, Flat 1, 114, London Road, Bromley is the 140th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in BR1.
The closest station to Flat 1, 114, 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 Flat 1, 114, 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 Flat 1, 114, 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 Flat 1, 114, 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 Flat 1, 114, 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 Flat 1, 114, 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.