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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 160, Farnaby Road, Bromley is £352,650 and the estimated rental value is £1,595 per month.
Farnaby Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
160, Farnaby Road, Bromley has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property 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 160, Farnaby Road, Bromley is in very good condition we estimate a sale value of £370,283 and a rental value of £1,675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,965 and a rental value of £1,483 per month.
Over the last 12 months the sale value of 160 Farnaby Road Bromley has decreased by an estimated £3,645 (1.0%) and its rental value has increased by an estimated £48 per month (3.0%), giving an expected gross yield of 5.4%.
160, Farnaby Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 160, Farnaby Road, Bromley was last sold on 18th December 2023 for £370,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2023, the market for similar properties has dropped 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 160, Farnaby Road, Bromley within a radius of 640 metres over the last 2 years.
The most recent example is 148, Farnaby Road, Bromley, BR2 0BB, a leasehold flat which sold for £350,000 on the 16th March 2022.
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, 160, Farnaby Road, Bromley is the 45th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £246k 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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