According to the public record, Flat 4, Red House Court 5, Bromley is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Red House Court, Hawthorne Road, Bromley, BR1.
Hawthorne Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 4, Red House Court 5, Bromley has 61 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated December 2021.
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 Red House Court 5 Bromley as £286,761 and the rental value as £1,390 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 4 Red House Court 5 Bromley has increased by £2,802 (1.0%) and its rental value has increased by £69 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 4, Red House Court 5, Bromley is in very good condition we estimate a sale value of £301,099 and rental value of £1,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,688 and a rental value of £1,293 per month.
If you were able to purchase this property for the estimated value of £286,761, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,409 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, Red House Court 5, Bromley was last sold on 20 Jun 2022 for £295,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Red House Court 5, Bromley within a radius of 690 metres over the last 2 years.
The most recent example is Flat 20, Windsor Court, Southlands Grove, Bromley, BR1 2BY, a Leasehold flat which sold for £250,000 in Aug 2019.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hawthorne Road, Bromley, BR1 has a total of 71 addresses. According to our analysis of all the public data, Flat 4, Red House Court 5, Bromley is the 70th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £240k less expensive than the average property in BR1.
Flat 4, Red House Court 5, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Dec 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Red House Court 5, Bromley is Bickley station which is 200 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, Red House Court 5, Bromley, 50.0% of property is privately owned outright and 39.8% 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, Red House Court 5, Bromley, 23.7% of residents are recorded as possessing school level qualifications and 63.4% 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, Red House Court 5, Bromley, the average age was 43.1 and the most common age was 47.
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, Red House Court 5, Bromley, 4.1% 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, Red House Court 5, Bromley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.