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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Addison Road, Bromley is £513,713 and the estimated rental value is £2,294 per month.
Addison Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
38, Addison Road, Bromley has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated February 2017.
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.
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 38, Addison Road, Bromley is in very good condition we estimate a sale value of £539,399 and a rental value of £2,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,753 and a rental value of £2,133 per month.
Over the last 12 months the sale value of 38 Addison Road Bromley has increased by an estimated £623 (0.1%) and its rental value has increased by an estimated £87 per month (3.8%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 38, Addison Road, Bromley sits on a plot of 132m2.
We have plot size data on 17 out of 24 other houses in the postcode and 38, Addison Road, Bromley sits on the 10th largest plot.
38, Addison Road, Bromley has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 01 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 38, Addison Road, Bromley was last sold on 4th March 2022 for £600,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Addison Road, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 74, Southlands Road, Bromley, BR2 9QS, a freehold house which sold for £410,500 on the 23rd February 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addison Road, Bromley, BR2 has a total of 95 addresses. According to our analysis of all the public data, 38, Addison Road, Bromley is the 25th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in BR2.
The nearest school is Raglan Primary School which is 213 metres away. The nearest train station is Bickley which is 1.0 kilometres away.
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