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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Homemead Road, Bromley is £710,273 and the estimated rental value is £2,796 per month.
Homemead Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
40, Homemead Road, Bromley has 21 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated July 2020.
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.
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 40, Homemead Road, Bromley is in very good condition we estimate a sale value of £745,787 and a rental value of £2,936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £660,554 and a rental value of £2,600 per month.
Over the last 12 months the sale value of 40 Homemead Road Bromley has decreased by an estimated £6,405 (0.9%) and its rental value has increased by an estimated £79 per month (2.8%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 40, Homemead Road, Bromley sits on a plot of 365m2.
We have plot size data on 33 out of 33 other houses in the postcode and 40, Homemead Road, Bromley sits on the 22nd largest plot.
40, Homemead Road, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2020.
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, 40, Homemead Road, Bromley was last sold on 19th February 2021 for £720,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2021, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Homemead Road, Bromley within a radius of 730 metres over the last 2 years.
The most recent example is 39, Homemead Road, Bromley, BR2 8BB, a freehold house which sold for £615,000 on the 11th October 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homemead Road, Bromley, BR2 has a total of 76 addresses. According to our analysis of all the public data, 40, Homemead Road, Bromley is the 23rd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in BR2.
The nearest school is Southborough Primary School which is 508 metres away. The nearest train station is Bickley which is 1.1 kilometres away.
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