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According to the public record, 152, Farnaby Road, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 802 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 152, Farnaby Road, Bromley is £384,823 and the estimated rental value is £1,720 per month.
Farnaby Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
152, Farnaby Road, Bromley has 51 entries in the Land Registry , most recently in February 2021 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 3 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 152, Farnaby Road, Bromley is in very good condition we estimate a sale value of £404,064 and a rental value of £1,806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,885 and a rental value of £1,600 per month.
Over the last 12 months the sale value of 152 Farnaby Road Bromley has decreased by an estimated £3,978 (1.0%) and its rental value has increased by an estimated £51 per month (3.0%), giving an expected gross yield of 5.4%.
According to HM Land Registry, 152, Farnaby Road, Bromley was last sold on 26th February 2021 for £395,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since February 2021, the market for similar properties has dropped 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 152, Farnaby Road, Bromley within a radius of 640 metres over the last 2 years.
The most recent example is 160, Farnaby Road, Bromley, BR2 0BB, a leasehold flat which sold for £370,000 on the 18th December 2023.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnaby Road, Bromley, BR2 has a total of 48 addresses. According to our analysis of all the public data, 152, Farnaby Road, Bromley is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in BR2.
The nearest school is Valley Primary School which is 853 metres away. The nearest train station is Ravensbourne which is 300 metres away.
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