According to the public record, Flat 8, Silverstone Court, Bromley is a mid-century apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Silverstone Court, Wanstead Road, Bromley, BR1.
Wanstead Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 8, Silverstone Court, Bromley has no records in the Land Registry database and a single entry in the EPC database dated October 2014.
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 8 Silverstone Court Bromley as £304,351 and the rental value as £1,493 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 8 Silverstone Court Bromley has increased by £4,782 (1.6%) and its rental value has increased by £72 per month (4.8%).
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 8, Silverstone Court, Bromley is in very good condition we estimate a sale value of £319,568 and rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,046 and a rental value of £1,389 per month.
If you were able to purchase this property for the estimated value of £304,351, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,496 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 sales of properties similar to Flat 8, Silverstone Court, Bromley within a radius of 500 metres over the last 2 years.
The most recent example is Flat 1, Cromarty Court 126-128, Widmore Road, Bromley, BR1 3BX, a Leasehold flat which sold for £317,000 in Apr 2024.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wanstead Road, Bromley, BR1 has a total of 49 addresses. According to our analysis of all the public data, Flat 8, Silverstone Court, Bromley is the 41st largest and the 40th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in BR1.
Flat 8, Silverstone Court, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 8, Silverstone Court, Bromley is Bromley North station which is 800 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 8, Silverstone Court, Bromley, 56.9% of property is privately rented and 25.9% 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 8, Silverstone Court, Bromley, 18.1% of residents are recorded as possessing school level qualifications and 54.8% 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 8, Silverstone Court, Bromley, the average age was 40.1 and the most common age was 52.
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 8, Silverstone Court, Bromley, 0.9% 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 8, Silverstone Court, Bromley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.