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Company No. 11113204
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342, Southborough Lane, Bromley is recorded publicly as an early-century freehold house across 1,484 ft2 of internal area, sitting on a 465 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 342, Southborough Lane, Bromley is £741,708 and its rental estimate is £2,968 per month, given the available information and assuming reasonable condition.
Southborough Lane, Bromley, BR2 falls within the BR2 postal district, in the borough of Bromley.
342, Southborough Lane, Bromley has 31 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated June 2010.
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.
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 342, Southborough Lane, Bromley, we estimate a market value of £778,794 and a rental value of £3,116 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £689,789 and £2,760 per month respectively.
Over the last year, 342, Southborough Lane, Bromley has seen its estimated sale value decline by £3,019 (0.4%) and its estimated rental value climb by £93 per month (3.1%). This results in an estimated gross rental yield of 4.8%.
HM Land Registry records the plot of land for 342, Southborough Lane, Bromley as measuring 465 m2.
That makes it the 14th largest plot in the postcode, where 28 of the 34 other houses have recorded plot data.
342, Southborough Lane, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 342, Southborough Lane, Bromley completed on 31st January 2014 at £490,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 88.7% over the period since January 2014.
Over the past 2 years 3 properties similar to 342, Southborough Lane, Bromley have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th January 2025, was 307, Southborough Lane, Bromley, BR2 8BG, a freehold house which sold for £880,000.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 299 addresses on Southborough Lane, Bromley, BR2, 342, Southborough Lane, Bromley comes out as the 63rd largest and the 77th most expensive in our analysis of the public data.
It is also £143k more expensive than the average property across the BR2 district.
From 342, Southborough Lane, Bromley, the nearest station is Petts Wood, 1.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 342, Southborough Lane, Bromley, 45.3% of property is privately owned with a mortgage and 35.2% 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 342, Southborough Lane, Bromley, 20.6% of residents are recorded as possessing school level qualifications and 38.0% 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 342, Southborough Lane, Bromley, the average age was 38 and the most common age was 37.
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 342, Southborough Lane, Bromley, 0.3% 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 342, Southborough Lane, 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.
