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According to the public record, 42, Parkfield Way, Bromley is a mid-century freehold house with 785 ft2 of internal area and sits on a 293 m2 plot.
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 42, Parkfield Way, Bromley is £427,564 and the estimated rental value is £1,957 per month.
Parkfield Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
42, Parkfield Way, Bromley has 31 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated October 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 42, Parkfield Way, Bromley is in very good condition we estimate a sale value of £448,943 and a rental value of £2,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,635 and a rental value of £1,820 per month.
Over the last 12 months the sale value of 42 Parkfield Way Bromley has increased by an estimated £518 (0.1%) and its rental value has increased by an estimated £74 per month (3.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 42, Parkfield Way, Bromley sits on a plot of 293m2.
We have plot size data on 16 out of 27 other houses in the postcode and 42, Parkfield Way, Bromley sits on the 14th largest plot.
42, Parkfield Way, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Oct 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, 42, Parkfield Way, Bromley was last sold on 10th December 2019 for £374,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2019, the market for similar properties has risen 30.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Parkfield Way, Bromley within a radius of 680 metres over the last 2 years.
The most recent example is 35, Parkfield Way, Bromley, BR2 8AE, a freehold house which sold for £482,500 on the 29th September 2021.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkfield Way, Bromley, BR2 has a total of 56 addresses. According to our analysis of all the public data, 42, Parkfield Way, Bromley is the 53rd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in BR2.
The nearest school is Southborough Primary School which is 338 metres away. The nearest train station is Bickley which is 1.4 kilometres away.
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