According to the public record, Flat 6, Highlands 9, Bromley is a period leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Highlands, Oldfield Road, Bromley, BR1.
Oldfield Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 6, Highlands 9, Bromley has 2 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated July 2016.
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 Highlands 9 Bromley as £649,347 and the rental value as £2,433 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 6 Highlands 9 Bromley has increased by £2,588 (0.4%) and its rental value has increased by £107 per month (4.4%).
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, Highlands 9, Bromley is in very good condition we estimate a sale value of £681,814 and rental value of £2,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £603,892 and a rental value of £2,263 per month.
If you were able to purchase this property for the estimated value of £649,347, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,191 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, Highlands 9, Bromley was last sold on 19 Oct 2016 for £674,900 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Highlands 9, Bromley within a radius of 720 metres over the last 2 years.
The most recent example is 9A, Park Hill, Bromley, BR1 2JH, a Leasehold flat which sold for £642,500 in Feb 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oldfield Road, Bromley, BR1 has a total of 58 addresses. According to our analysis of all the public data, Flat 6, Highlands 9, Bromley is the 53rd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in BR1.
Flat 6, Highlands 9, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2016.
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, Highlands 9, Bromley is Bickley station which is 600 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, Highlands 9, Bromley, 51.4% of property is socially rented and 28.6% 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, Highlands 9, Bromley, 14.9% of residents are recorded as possessing school level qualifications and 35.8% 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, Highlands 9, 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 6, Highlands 9, Bromley, 1.5% 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, Highlands 9, Bromley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.