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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 46, Valley Road, Bromley is £381,071 and the estimated rental value is £1,711 per month.
The apartment is within 46, Valley Road, Bromley, BR2.
Valley Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
46, Valley Road, Bromley has a single entry in the Land Registry from April 2012 and a single entry in the EPC database dated September 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 46, Valley Road, Bromley is in very good condition we estimate a sale value of £400,124 and a rental value of £1,797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,396 and a rental value of £1,592 per month.
Over the last 12 months the sale value of 46 Valley Road Bromley has decreased by an estimated £3,939 (1.0%) and its rental value has increased by an estimated £51 per month (3.0%), giving an expected gross yield of 5.4%.
46, Valley Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Sep 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 46, Valley Road, Bromley was last sold on 5th April 2012 for £59,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2012, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, 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, 46, Valley Road, Bromley is the 53rd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £218k 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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