According to the public record, Reddings, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,720 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Bickley Park Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Reddings, Bromley has a single entry in the Land Registry database from June 2009 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 Reddings Bromley as £1,835,902 and the rental value as £5,329 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Reddings Bromley has decreased by £19,744 (1.1%) and its rental value has increased by £145 per month (2.7%).
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 Reddings, Bromley is in very good condition we estimate a sale value of £1,927,697 and rental value of £5,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,707,388 and a rental value of £4,956 per month.
If you were able to purchase this property for the estimated value of £1,835,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,023 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, Reddings, Bromley was last sold on 10 Jun 2009 for £900,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2009, the market for similar properties has risen 96.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Reddings, Bromley within a radius of 760 metres over the last 2 years.
The most recent example is 2, Twitten Grove, Bromley, BR1 2GD, a Freehold house which sold for £1,825,000 in Mar 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bickley Park Road, Bromley, BR1 has a total of 93 addresses. According to our analysis of all the public data, Reddings, Bromley is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £1.309m more expensive than the average property in BR1.
The closest station to Reddings, Bromley is Bickley station which is 600 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 Reddings, Bromley, 49.4% of property is privately owned with a mortgage and 39.2% 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 Reddings, Bromley, 19.9% of residents are recorded as possessing school level qualifications and 58.5% 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 Reddings, Bromley, the average age was 42.8 and the most common age was 47.
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 Reddings, Bromley, 0.7% 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 Reddings, Bromley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.