According to the public record, Flat 7, Townend Court, Bromley is a mid-century apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Townend Court, Grasmere Road, Bromley, BR1.
Grasmere Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 7, Townend Court, Bromley has no records in the Land Registry database and a single entry in the EPC database dated December 2016.
We combine this information with public data 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 7 Townend Court Bromley as £163,252 and the rental value as £887 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 7 Townend Court Bromley has increased by £4,100 (2.5%) and its rental value has increased by £49 per month (5.5%).
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 7, Townend Court, Bromley is in very good condition we estimate a sale value of £171,414 and rental value of £931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,824 and a rental value of £825 per month.
If you were able to purchase this property for the estimated value of £163,252, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £802 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 450 metres radius of Flat 7, Townend Court, Bromley over the last 2 years.
The most recent example is Flat 8, Treversh Court, Grasmere Road, Bromley, BR1 4AX, a Leasehold flat which sold for £263,000 in Aug 2022.
Read more about house prices in BR1.
Grasmere Road, Bromley, BR1 has a total of 91 addresses. According to our analysis of all the public data, Flat 7, Townend Court, Bromley is the 91st largest and the 91st most expensive property on the street.
When compared to the postcode district it is £363k less expensive than the average property in BR1.
Flat 7, Townend Court, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 7, Townend Court, Bromley is Shortlands 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 7, Townend Court, Bromley, 31.8% of property is privately owned with a mortgage and 27.0% 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 7, Townend Court, Bromley, 19.1% of residents are recorded as possessing school level qualifications and 44.4% 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 7, Townend Court, 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 7, Townend Court, Bromley, 0.0% 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 7, Townend Court, 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.