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Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Timms Close, Bromley is £1,707,528 and the estimated rental value is £5,350 per month.
Timms Close, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
1, Timms Close, Bromley has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 1, Timms Close, Bromley is in very good condition we estimate a sale value of £1,792,905 and a rental value of £5,618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,588,001 and a rental value of £4,976 per month.
Over the last 12 months the sale value of 1 Timms Close Bromley has decreased by an estimated £32,691 (1.9%) and its rental value has increased by an estimated £98 per month (1.8%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 1, Timms Close, Bromley sits on a plot of 1768m2.
1, Timms Close, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas, Boiler and underfloor heating, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Timms Close, Bromley within a radius of 670 metres over the last 2 years.
The most recent example is Maywood, Hawthorne Road, Bromley, BR1 2HG, a freehold house which sold for £1,900,000 on the 23rd March 2021.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Timms Close, Bromley, BR1 has a total of 2 addresses. According to our analysis of all the public data, 1, Timms Close, Bromley is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.175m more expensive than the average property in BR1.
The closest station to 1, Timms Close, Bromley is Bickley station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Timms Close, Bromley, 50.0% of property is privately owned outright and 39.8% 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 1, Timms Close, Bromley, 23.7% of residents are recorded as possessing school level qualifications and 63.4% 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 1, Timms Close, Bromley, the average age was 43.1 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 1, Timms Close, Bromley, 4.1% 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 1, Timms Close, Bromley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.