According to the public record, Flat 6, Babbacombe House 2, Bromley is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Babbacombe House, Babbacombe Road, Bromley, BR1.
Babbacombe Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 6, Babbacombe House 2, Bromley has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated March 2015.
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 Babbacombe House 2 Bromley as £333,489 and the rental value as £1,568 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 6 Babbacombe House 2 Bromley has decreased by £216 (0.1%) and its rental value has increased by £44 per month (2.8%).
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 6, Babbacombe House 2, Bromley is in very good condition we estimate a sale value of £350,163 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,144 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £333,489, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,639 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, Babbacombe House 2, Bromley was last sold on 12 Mar 2021 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Babbacombe House 2, Bromley within a radius of 400 metres over the last 2 years.
The most recent example is Flat 1, Babbacombe House 2, Babbacombe Road, Bromley, BR1 3LW, a Leasehold flat which sold for £350,000 in Jul 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Babbacombe Road, Bromley, BR1 has a total of 117 addresses. According to our analysis of all the public data, Flat 6, Babbacombe House 2, Bromley is the 100th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in BR1.
Flat 6, Babbacombe House 2, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Mar 2015.
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, Babbacombe House 2, Bromley is Bromley North 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 6, Babbacombe House 2, Bromley, 51.8% of property is privately owned with a mortgage and 31.9% 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 6, Babbacombe House 2, Bromley, 20.1% of residents are recorded as possessing school level qualifications and 58.4% 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 6, Babbacombe House 2, Bromley, the average age was 38.2 and the most common age was 32.
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, Babbacombe House 2, Bromley, 2.1% 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 6, Babbacombe House 2, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.