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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Grove Wood Close, Bromley is a modern freehold house with 1,420 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Grove Wood Close, Bromley is £782,245 and the estimated rental value is £2,527 per month.
Grove Wood Close, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
2, Grove Wood Close, Bromley has 3 entries in the Land Registry , most recently in June 2017 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Grove Wood Close, Bromley is in very good condition we estimate a sale value of £821,357 and a rental value of £2,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £727,488 and a rental value of £2,350 per month.
Over the last 12 months the sale value of 2 Grove Wood Close Bromley has decreased by an estimated £1,282 (0.2%) and its rental value has increased by an estimated £80 per month (3.2%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 2, Grove Wood Close, Bromley sits on a plot of 161m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Grove Wood Close, Bromley sits on the 8th largest plot.
2, Grove Wood Close, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2016.
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, 2, Grove Wood Close, Bromley was last sold on 5th June 2017 for £707,501 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2017, the market for similar properties has dropped 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grove Wood Close, Bromley within a radius of 850 metres over the last 2 years.
The most recent example is 3, Grove Wood Close, Bromley, BR1 2FX, a freehold house which sold for £765,000 on the 7th August 2024.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Wood Close, Bromley, BR1 has a total of 8 addresses. According to our analysis of all the public data, 2, Grove Wood Close, Bromley is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £248k more expensive than the average property in BR1.
The closest station to 2, Grove Wood Close, Bromley is Chislehurst station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 2, Grove Wood Close, Bromley, 47.4% of property is privately owned with a mortgage and 36.8% 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 2, Grove Wood Close, Bromley, 24.2% of residents are recorded as possessing school level qualifications and 55.7% 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 2, Grove Wood 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 2, Grove Wood Close, Bromley, 1.0% 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 2, Grove Wood Close, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
