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According to the public record, 29, Mill Vale, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 711 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 29, Mill Vale, Bromley is £368,737 and the estimated rental value is £1,629 per month.
Mill Vale, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
29, Mill Vale, Bromley has 21 entries in the Land Registry , most recently in April 2010 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 5 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 29, Mill Vale, Bromley is in very good condition we estimate a sale value of £387,173 and a rental value of £1,710 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,925 and a rental value of £1,515 per month.
Over the last 12 months the sale value of 29 Mill Vale Bromley has decreased by an estimated £3,812 (1.0%) and its rental value has increased by an estimated £49 per month (3.0%), giving an expected gross yield of 5.3%.
According to HM Land Registry, 29, Mill Vale, Bromley was last sold on 27th April 2010 for £202,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2010, the market for similar properties has risen 56.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Mill Vale, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 11, Glassmill Lane, Bromley, BR2 0EJ, a leasehold flat which sold for £380,000 on the 22nd November 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Vale, Bromley, BR2 has a total of 57 addresses. According to our analysis of all the public data, 29, Mill Vale, Bromley is the 5th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in BR2.
The nearest school is St Mark's Church of England Primary School which is 439 metres away. The nearest train station is Bromley South which is 600 metres away.
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