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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Valley Road, Bromley is £375,126 and the estimated rental value is £1,688 per month.
The apartment is within 40, Valley Road, Bromley, BR2.
Valley Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
40, Valley Road, Bromley has 41 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated August 2019.
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, Valley Road, Bromley is in very good condition we estimate a sale value of £393,883 and a rental value of £1,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,867 and a rental value of £1,570 per month.
Over the last 12 months the sale value of 40 Valley Road Bromley has decreased by an estimated £3,878 (1.0%) and its rental value has increased by an estimated £51 per month (3.0%), giving an expected gross yield of 5.4%.
40, Valley Road, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2019.
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, Valley Road, Bromley was last sold on 8th January 2010 for £229,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2010, the market for similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Valley Road, Bromley within a radius of 480 metres over the last 2 years.
The most recent example is 50, Valley Road, Bromley, BR2 0HD, a leasehold flat which sold for £6,000 on the 18th August 2023.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Road, Bromley, BR2 has a total of 77 addresses. According to our analysis of all the public data, 40, Valley Road, Bromley is the 54th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in BR2.
The nearest school is Harris Primary Academy Shortlands which is 181 metres away. The nearest train station is Shortlands which is 200 metres away.
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