According to the public record, Flat 1, Suffolk House 2, Bromley is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Suffolk House, South Hill Road, Bromley, BR2.
South Hill Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 1, Suffolk House 2, Bromley has 2 entries in the Land Registry database, most recently in December 2012 and a single entry in the EPC database dated November 2020.
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 Suffolk House 2 Bromley as £317,226 and the rental value as £1,348 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 Suffolk House 2 Bromley has increased by £3,010 (0.9%) and its rental value has increased by £70 per month (5.2%).
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, Suffolk House 2, Bromley is in very good condition we estimate a sale value of £333,088 and rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,020 and a rental value of £1,254 per month.
If you were able to purchase this property for the estimated value of £317,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,559 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, Suffolk House 2, Bromley was last sold on 14 Dec 2012 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2012, the market for similar properties has risen 60.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Suffolk House 2, Bromley within a radius of 570 metres over the last 2 years.
The most recent example is 155, Hayes Lane, Beckenham, BR3 6SP, a Leasehold flat which sold for £287,500 in Dec 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Hill Road, Bromley, BR2 has a total of 128 addresses. According to our analysis of all the public data, Flat 1, Suffolk House 2, Bromley is the 128th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in BR2.
Flat 1, Suffolk House 2, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2020.
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, Suffolk House 2, 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 Flat 1, Suffolk House 2, Bromley, 40.5% of property is privately rented and 21.6% is socially 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, Suffolk House 2, Bromley, 20.6% of residents are recorded as possessing school level qualifications and 46.8% 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, Suffolk House 2, 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 Flat 1, Suffolk House 2, 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, Suffolk House 2, 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.