According to the public record, Flat 9, Weymouth House, Bromley is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Weymouth House, Hill House Mews, Bromley, BR2.
Hill House Mews, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 9, Weymouth House, Bromley has 21 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated January 2022.
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 9 Weymouth House Bromley as £368,183 and the rental value as £1,594 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 9 Weymouth House Bromley has decreased by £1,330 (0.4%) and its rental value has increased by £40 per month (2.5%).
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 9, Weymouth House, Bromley is in very good condition we estimate a sale value of £386,593 and rental value of £1,674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,411 and a rental value of £1,483 per month.
If you were able to purchase this property for the estimated value of £368,183, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,810 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 9, Weymouth House, Bromley was last sold on 24 Oct 2023 for £367,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Weymouth House, Bromley within a radius of 470 metres over the last 2 years.
The most recent example is Flat 6, Michelle Court 15, Blyth Road, Bromley, BR1 3RS, a Leasehold flat which sold for £355,000 in Oct 2023.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hill House Mews, Bromley, BR2 has a total of 39 addresses. According to our analysis of all the public data, Flat 9, Weymouth House, Bromley is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in BR2.
Flat 9, Weymouth House, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jan 2022.
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 9, Weymouth House, Bromley is Shortlands station which is 500 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 9, Weymouth House, Bromley, 40.3% of property is privately rented and 33.3% is socially rented.
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 9, Weymouth House, Bromley, 27.0% of residents are recorded as possessing school level qualifications and 45.9% 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 9, Weymouth House, 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 9, Weymouth House, 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 9, Weymouth House, Bromley, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.