367, Southborough Lane
367, Southborough Lane
Description & Estimates
367, Southborough Lane, Bromley is recorded publicly as a mid-century freehold house across 1,076 ft2 of internal area, sitting on a 510 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 367, Southborough Lane, Bromley is £617,289 and its rental estimate is £2,536 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.
Our Data Sources
367, Southborough Lane, Bromley has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated May 2024.
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.
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 367, Southborough Lane, Bromley, we estimate a market value of £648,153 and a rental value of £2,663 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £574,078 and £2,358 per month respectively.
Recent Market Change
Over the last year, 367, Southborough Lane, Bromley has seen its estimated sale value increase by £4,196 (0.7%) and its estimated rental value grow by £111 per month (4.4%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 367, Southborough Lane, Bromley as measuring 510 m2.
That makes it the 16th largest plot in the postcode, where 37 of the 41 other houses have recorded plot data.
Energy Efficiency
367, Southborough Lane, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 May 2024.
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 367, Southborough Lane, Bromley completed on 4th October 2024 at £530,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 11.6% over the period since October 2024.
- Sold Oct 2024£530,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 367, Southborough Lane, Bromley have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2022, was 31, Oxhawth Crescent, Bromley, BR2 8BJ, a freehold house which sold for £630,000.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 299 addresses on Southborough Lane, Bromley, BR2, 367, Southborough Lane, Bromley comes out as the 147th largest and the 160th most expensive in our analysis of the public data.
It is also £18k more expensive than the average property across the BR2 district.
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Schools Nearby
- 200mSt James' Roman Catholic Primary School
- 300mSouthborough Primary School
- 1.2kmCrofton Junior School
- 1.6kmBishop Justus CofE School
- 2.2kmOrion Coopers
- 2.4kmBullers Wood School for Boys
More reading links
Public Transport Nearby
From 367, Southborough Lane, Bromley, the nearest station is Petts Wood, 800 metres away.
- 800mPetts Wood
- 1.8kmBickley
- 1.9kmChislehurst
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.
