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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Piermont Place, Bromley is a modern freehold house with 2,529 ft2 of internal area and sits on a 597 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Piermont Place, Bromley is £1,480,124 and the estimated rental value is £4,638 per month.
Piermont Place, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
2, Piermont Place, Bromley has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated October 2018.
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.
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, Piermont Place, Bromley is in very good condition we estimate a sale value of £1,554,130 and a rental value of £4,870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,376,515 and a rental value of £4,313 per month.
Over the last 12 months the sale value of 2 Piermont Place Bromley has decreased by an estimated £28,338 (1.9%) and its rental value has increased by an estimated £85 per month (1.8%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 2, Piermont Place, Bromley sits on a plot of 597m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Piermont Place, Bromley sits on the 5th largest plot.
2, Piermont Place, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2018.
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, Piermont Place, Bromley was last sold on 30th June 2021 for £1,385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped 21.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Piermont Place, Bromley within a radius of 720 metres over the last 2 years.
The most recent example is 3, Berryfield Close, Bromley, BR1 2WF, a freehold house which sold for £1,465,000 on the 14th October 2022.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Piermont Place, Bromley, BR1 has a total of 7 addresses. According to our analysis of all the public data, 2, Piermont Place, Bromley is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £948k more expensive than the average property in BR1.
The closest station to 2, Piermont Place, Bromley is Bickley station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Piermont Place, Bromley, 53.7% of property is privately owned outright and 38.8% is privately owned with a mortgage.
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, Piermont Place, Bromley, 20.0% of residents are recorded as possessing school level qualifications and 55.6% 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, Piermont Place, 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, Piermont Place, Bromley, 5.5% 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, Piermont Place, Bromley, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
