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Company No. 11113204
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According to the public record, 12, Merewood Close, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,741 ft2 of internal area and sits on a 778 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Merewood Close, Bromley is £1,000,239 and the estimated rental value is £3,207 per month.
Merewood Close, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
12, Merewood Close, Bromley has a single entry in the Land Registry from May 2008 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.
The local information is scored as 2 out of 5 and is considered of medium 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 12, Merewood Close, Bromley is in very good condition we estimate a sale value of £1,050,251 and a rental value of £3,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £930,223 and a rental value of £2,983 per month.
Over the last 12 months the sale value of 12 Merewood Close Bromley has decreased by an estimated £8,953 (0.9%) and its rental value has increased by an estimated £90 per month (2.8%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 12, Merewood Close, Bromley sits on a plot of 778m2.
We have plot size data on 19 out of 19 other houses in the postcode and 12, Merewood Close, Bromley sits on the 3rd largest plot.
According to HM Land Registry, 12, Merewood Close, Bromley was last sold on 22nd May 2008 for £565,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 42.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Merewood Close, Bromley within a radius of 790 metres over the last 2 years.
The most recent example is 7, Hartley Close, Bromley, BR1 2TP, a freehold house which sold for £1,026,500 on the 10th November 2021.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merewood Close, Bromley, BR1 has a total of 19 addresses. According to our analysis of all the public data, 12, Merewood Close, Bromley is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £468k more expensive than the average property in BR1.
The closest station to 12, Merewood Close, Bromley is Chislehurst station which is 100 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 12, Merewood Close, 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 12, Merewood Close, 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 12, Merewood Close, 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 12, Merewood Close, 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 12, Merewood Close, 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.
