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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
128, Magpie Hall Lane, Bromley is recorded publicly as an early-century freehold house across 914 ft2 of internal area, sitting on a 183 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 128, Magpie Hall Lane, Bromley is £417,781 and its rental estimate is £1,935 per month, given the available information and assuming reasonable condition.
Magpie Hall Lane, Bromley, BR2 falls within the BR2 postal district, in the borough of Bromley.
128, Magpie Hall Lane, Bromley has 2 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 128, Magpie Hall Lane, Bromley, we estimate a market value of £438,670 and a rental value of £2,032 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £388,536 and £1,800 per month respectively.
Over the last year, 128, Magpie Hall Lane, Bromley has seen its estimated sale value rise by £2,840 (0.7%) and its estimated rental value move up by £85 per month (4.4%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for 128, Magpie Hall Lane, Bromley as measuring 183 m2.
That makes it the 13th largest plot in the postcode, where 14 of the 28 other houses have recorded plot data.
128, Magpie Hall Lane, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 128, Magpie Hall Lane, Bromley completed on 1st April 2010 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 136.8% over the period since April 2010.
Over the past 2 years 3 properties similar to 128, Magpie Hall Lane, Bromley have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was 4, Narrow Way, Bromley, BR2 8JB, a freehold house which sold for £430,000.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 165 addresses on Magpie Hall Lane, Bromley, BR2, 128, Magpie Hall Lane, Bromley comes out as the 80th largest and the 83rd most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the BR2 district.
From 128, Magpie Hall Lane, Bromley, the nearest station is Bickley, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 128, Magpie Hall Lane, Bromley, 50.0% of property is socially rented and 18.5% is privately 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 128, Magpie Hall Lane, Bromley, 28.3% of residents are recorded as possessing school level qualifications and 25.7% 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 128, Magpie Hall Lane, Bromley, the average age was 38 and the most common age was 37.
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 128, Magpie Hall Lane, Bromley, 0.6% 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 128, Magpie Hall Lane, Bromley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
