According to the public record, Flat 8, Treversh Court, Bromley is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Treversh Court, Grasmere Road, Bromley, BR1.
Grasmere Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 8, Treversh Court, Bromley has 61 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated January 2013.
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 8 Treversh Court Bromley as £224,441 and the rental value as £1,215 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 8 Treversh Court Bromley has increased by £4,348 (1.9%) and its rental value has increased by £60 per month (4.9%).
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, Treversh Court, Bromley is in very good condition we estimate a sale value of £235,663 and rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,730 and a rental value of £1,130 per month.
If you were able to purchase this property for the estimated value of £224,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,103 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 8, Treversh Court, Bromley was last sold on 15 Aug 2022 for £263,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Treversh Court, Bromley within a radius of 470 metres over the last 2 years.
The most recent example is Flat 11, Treversh Court, Grasmere Road, Bromley, BR1 4AX, a Leasehold flat which sold for £265,000 in Apr 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Road, Bromley, BR1 has a total of 91 addresses. According to our analysis of all the public data, Flat 8, Treversh Court, Bromley is the 72nd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £302k less expensive than the average property in BR1.
Flat 8, Treversh Court, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jan 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 8, Treversh 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 8, Treversh 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 8, Treversh 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 8, Treversh 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 8, Treversh 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 8, Treversh 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.