According to the public record, Flat 4, Gladys Court 260, Bromley is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gladys Court, Reigate Road, Bromley, BR1.
Reigate Road, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
Flat 4, Gladys Court 260, Bromley has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated October 2017.
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 Gladys Court 260 Bromley as £355,722 and the rental value as £1,743 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 4 Gladys Court 260 Bromley has increased by £7,022 (2.0%) and its rental value has increased by £101 per month (5.8%).
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 4, Gladys Court 260, Bromley is in very good condition we estimate a sale value of £373,508 and rental value of £1,831 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,821 and a rental value of £1,621 per month.
If you were able to purchase this property for the estimated value of £355,722, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,748 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, Gladys Court 260, Bromley was last sold on 05 Dec 2022 for £365,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Gladys Court 260, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 126B, Boundfield Road, London, SE6 1PD, a Leasehold flat which sold for £312,000 in Dec 2021.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reigate Road, Bromley, BR1 has a total of 330 addresses. According to our analysis of all the public data, Flat 4, Gladys Court 260, Bromley is the 158th largest and the 243rd most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in BR1.
Flat 4, Gladys Court 260, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 4, Gladys Court 260, Bromley is Grove Park station which is 800 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, Gladys Court 260, Bromley, 66.1% of property is socially rented and 14.4% is privately owned with a mortgage.
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, Gladys Court 260, Bromley, 21.9% of residents are recorded as possessing school level qualifications and 23.4% 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, Gladys Court 260, Bromley, the average age was 35.7 and the most common age was 12.
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, Gladys Court 260, Bromley, 0.4% 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 4, Gladys Court 260, Bromley, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.