According to the public record, Flat 6, 20, Cumberland Road, Bromley is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 20, Cumberland Road, Bromley, BR2.
Cumberland Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 6, 20, Cumberland Road, Bromley has 51 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated February 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 6 20 Cumberland Road Bromley as £299,558 and the rental value as £1,453 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 6 20 Cumberland Road Bromley has decreased by £3,611 (1.2%) and its rental value has increased by £43 per month (3.0%).
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 6, 20, Cumberland Road, Bromley is in very good condition we estimate a sale value of £314,536 and rental value of £1,526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,589 and a rental value of £1,351 per month.
If you were able to purchase this property for the estimated value of £299,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,472 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 6, 20, Cumberland Road, Bromley was last sold on 04 Jan 2024 for £275,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 2024, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 20, Cumberland Road, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 18, Kingsleigh Walk, Bromley, BR2 0YE, a Leasehold flat which sold for £285,000 in Nov 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cumberland Road, Bromley, BR2 has a total of 168 addresses. According to our analysis of all the public data, Flat 6, 20, Cumberland Road, Bromley is the 151st largest and the 156th most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in BR2.
Flat 6, 20, Cumberland Road, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 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 6, 20, Cumberland Road, Bromley is Bromley South station which is 700 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 6, 20, Cumberland Road, Bromley, 52.2% of property is privately owned outright and 21.6% 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 6, 20, Cumberland Road, Bromley, 9.6% of residents are recorded as possessing school level qualifications and 49.8% 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 6, 20, Cumberland Road, Bromley, the average age was 42.6 and the most common age was 57.
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 6, 20, Cumberland Road, Bromley, 2.9% 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 6, 20, Cumberland Road, 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.