According to the public record, Flat 12, Draper Court 262, Bromley is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Draper Court, Southlands Road, Bromley, BR1.
Southlands Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 12, Draper Court 262, Bromley has no records in the Land Registry database and a single entry in the EPC database dated December 2023.
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 Flat 12 Draper Court 262 Bromley as £386,431 and the rental value as £1,574 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 12 Draper Court 262 Bromley has increased by £3,886 (1.0%) and its rental value has increased by £79 per month (5.0%).
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 12, Draper Court 262, Bromley is in very good condition we estimate a sale value of £405,752 and rental value of £1,652 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,380 and a rental value of £1,463 per month.
If you were able to purchase this property for the estimated value of £386,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,899 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Draper Court 262, Bromley within a radius of 630 metres over the last 2 years.
The most recent example is Flat 4, 6, Park Hill, Bromley, BR1 2JH, a Leasehold flat which sold for £445,000 in Nov 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southlands Road, Bromley, BR1 has a total of 82 addresses. According to our analysis of all the public data, Flat 12, Draper Court 262, Bromley is the 64th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in BR1.
Flat 12, Draper Court 262, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Dec 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 12, Draper Court 262, Bromley is Bickley 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 12, Draper Court 262, Bromley, 33.1% of property is privately owned with a mortgage and 26.5% 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 12, Draper Court 262, Bromley, 14.6% of residents are recorded as possessing school level qualifications and 42.3% 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 12, Draper Court 262, 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 Flat 12, Draper Court 262, Bromley, 1.4% 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 12, Draper Court 262, Bromley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.