18 Spruce Park, Bromley
18 Spruce Park, Bromley
Description & Estimates
18 Spruce Park, Bromley is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 18 Spruce Park, Bromley is £354,205 and its rental estimate is £1,626 per month, given the available information and assuming reasonable condition.
Spruce Park, Cumberland Road is a residential building on Cumberland Road, Bromley, BR2 and falls within the BR2 postal district and the borough of Bromley.
Our Data Sources
18 Spruce Park, Bromley has 21 entries in the Land Registry , most recently in June 2012 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 18 Spruce Park, Bromley, we estimate a market value of £371,916 and a rental value of £1,707 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £329,411 and £1,512 per month respectively.
Recent Market Change
Over the last year, 18 Spruce Park, Bromley has seen its estimated sale value drop by £586 (0.2%) and its estimated rental value rise by £58 per month (3.6%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
18 Spruce Park, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18 Spruce Park, Bromley completed on 1st June 2012 at £212,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.8% over the period since June 2012.
- Sold Jun 2012£212,500
- Sold Jul 1998£79,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18 Spruce Park, Bromley have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 13 Spruce Park, Cumberland Road, Bromley, BR2 0EH, a leasehold flat which sold for £315,000.
Read more about house prices in BR2.
- Sold Nov 2024£315,000 | 2 Bed Flat13 Spruce Park, Cumberland Road, Bromley, BR2 0EH13 Spruce Park, Cumberland Road, Bromley, BR2 0EH
- Sold Jul 2022£425,000 | 2 Bed Flat2 Spruce Park, Cumberland Road, Bromley, BR2 0EH2 Spruce Park, Cumberland Road, Bromley, BR2 0EH
- Sold Nov 2019£320,000 | 2 Bed Flat30 Spruce Park, Cumberland Road, Bromley, BR2 0EH30 Spruce Park, Cumberland Road, Bromley, BR2 0EH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 168 addresses on Cumberland Road, Bromley, BR2, 18 Spruce Park, Bromley comes out as the 120th largest and the 119th most expensive in our analysis of the public data.
It is also £245k less expensive than the average property across the BR2 district.
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Schools Nearby
- 300mHighfield Infants' School
- 300mSt Mark's Church of England Primary School
- 500mHighfield Junior School
- 900mThe Ravensbourne School
- 2.0kmLangley Park School for Girls
- 2.2kmLangley Park School for Boys
More reading links
Public Transport Nearby
From 18 Spruce Park, Bromley, the nearest station is Bromley South, 700 metres away.
- 700mBromley South
- 1.0kmShortlands
- 1.5kmBromley North
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
