According to the public record, Flat 1, 47, Howard Road, Bromley is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 47, Howard Road, Bromley, BR1.
Howard Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 1, 47, Howard Road, Bromley has 51 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated February 2023.
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 Flat 1 47 Howard Road Bromley as £347,127 and the rental value as £1,681 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 1 47 Howard Road Bromley has increased by £6,706 (1.9%) and its rental value has increased by £81 per month (4.8%).
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, 47, Howard Road, Bromley is in very good condition we estimate a sale value of £364,483 and rental value of £1,765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,828 and a rental value of £1,563 per month.
If you were able to purchase this property for the estimated value of £347,127, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,706 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, 47, Howard Road, Bromley was last sold on 19 Jul 2023 for £300,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jul 2023, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 47, Howard Road, Bromley within a radius of 390 metres over the last 2 years.
The most recent example is 36, Morgan Road, Bromley, BR1 3QF, a Leasehold flat which sold for £375,000 in Oct 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Howard Road, Bromley, BR1 has a total of 94 addresses. According to our analysis of all the public data, Flat 1, 47, Howard Road, Bromley is the 58th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in BR1.
Flat 1, 47, Howard Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 2023.
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 Flat 1, 47, Howard Road, Bromley is Bromley North station which is 500 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, 47, Howard Road, Bromley, 50.0% of property is privately owned with a mortgage and 26.9% 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 Flat 1, 47, Howard Road, Bromley, 17.0% of residents are recorded as possessing school level qualifications and 58.8% 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 Flat 1, 47, Howard 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, 47, Howard 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, 47, Howard Road, 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.