According to the public record, Flat 4, Arbury House 16, Bromley is a modern leasehold apartment with 1,313 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Arbury House, Holmbury Park, Bromley, BR1.
Holmbury Park, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 4, Arbury House 16, Bromley has 3 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated August 2014.
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 4 Arbury House 16 Bromley as £558,132 and the rental value as £2,161 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 4 Arbury House 16 Bromley has decreased by £5,412 (1.0%) and its rental value has increased by £48 per month (2.2%).
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 4, Arbury House 16, Bromley is in very good condition we estimate a sale value of £586,039 and rental value of £2,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,063 and a rental value of £2,009 per month.
If you were able to purchase this property for the estimated value of £558,132, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,743 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 4, Arbury House 16, Bromley was last sold on 07 Jun 2018 for £530,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2018, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Arbury House 16, Bromley within a radius of 870 metres over the last 2 years.
The most recent example is Flat 7, Clevedon House 10, Holmbury Park, Bromley, BR1 2WG, a Leasehold flat which sold for £483,000 in Jul 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmbury Park, Bromley, BR1 has a total of 50 addresses. According to our analysis of all the public data, Flat 4, Arbury House 16, Bromley is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in BR1.
Flat 4, Arbury House 16, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2014.
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 4, Arbury House 16, Bromley is Elmstead Woods 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 4, Arbury House 16, Bromley, 51.1% of property is socially rented and 21.3% 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 4, Arbury House 16, Bromley, 17.6% of residents are recorded as possessing school level qualifications and 38.0% 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 4, Arbury House 16, Bromley, the average age was 40.1 and the most common age was 52.
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 4, Arbury House 16, Bromley, 1.7% 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 4, Arbury House 16, 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.