According to the public record, Flat B1, 22, Rodway Road, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 359 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 22, Rodway Road, Bromley, BR1.
Rodway Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat B1, 22, Rodway Road, Bromley has a single entry in the Land Registry database from March 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat B1 22 Rodway Road Bromley as £240,150 and the rental value as £1,057 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat B1 22 Rodway Road Bromley has increased by £6,170 (2.6%) and its rental value has increased by £58 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 B1, 22, Rodway Road, Bromley is in very good condition we estimate a sale value of £252,158 and rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,340 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £240,150, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,180 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 B1, 22, Rodway Road, Bromley was last sold on 13 Mar 2017 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B1, 22, Rodway Road, Bromley within a radius of 430 metres over the last 2 years.
The most recent example is Flat B2, 22, Rodway Road, Bromley, BR1 3JL, a Leasehold flat which sold for £235,300 in Sep 2022.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rodway Road, Bromley, BR1 has a total of 101 addresses. According to our analysis of all the public data, Flat B1, 22, Rodway Road, Bromley is the 96th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £287k less expensive than the average property in BR1.
The closest station to Flat B1, 22, Rodway Road, Bromley is Sundridge Park station which is 300 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 B1, 22, Rodway Road, Bromley, 44.0% of property is privately owned with a mortgage and 29.6% 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 B1, 22, Rodway Road, Bromley, 14.9% of residents are recorded as possessing school level qualifications and 57.6% 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 B1, 22, Rodway Road, 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 B1, 22, Rodway Road, Bromley, 2.4% 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 B1, 22, Rodway Road, Bromley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.