According to the public record, Flat 1, The Old Courtyard 36, Bromley is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in The Old Courtyard, Park Road, Bromley, BR1.
Park Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 1, The Old Courtyard 36, Bromley has 31 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated November 2016.
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 The Old Courtyard 36 Bromley as £304,883 and the rental value as £1,564 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 1 The Old Courtyard 36 Bromley has increased by £5,269 (1.7%) and its rental value has increased by £73 per month (4.7%).
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, The Old Courtyard 36, Bromley is in very good condition we estimate a sale value of £320,128 and rental value of £1,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,542 and a rental value of £1,454 per month.
If you were able to purchase this property for the estimated value of £304,883, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,498 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, The Old Courtyard 36, Bromley was last sold on 16 Dec 2022 for £297,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, The Old Courtyard 36, Bromley within a radius of 400 metres over the last 2 years.
The most recent example is Flat 16, The Old Courtyard 36, Park Road, Bromley, BR1 3HP, a Leasehold flat which sold for £310,000 in May 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Bromley, BR1 has a total of 102 addresses. According to our analysis of all the public data, Flat 1, The Old Courtyard 36, Bromley is the 87th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in BR1.
Flat 1, The Old Courtyard 36, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Nov 2016.
The property is not connected to mains gas and has full secondary glazing. It is heated using electric storage heaters.
The closest station to Flat 1, The Old Courtyard 36, Bromley is Bromley North station which is 400 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, The Old Courtyard 36, Bromley, 42.6% of property is privately owned with a mortgage and 30.9% 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, The Old Courtyard 36, Bromley, 16.5% of residents are recorded as possessing school level qualifications and 52.7% 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, The Old Courtyard 36, 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, The Old Courtyard 36, 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, The Old Courtyard 36, 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.