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By comparing it to neighbours, we estimate that it is a mid-century apartment with 728 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Hornbeam Way, Bromley is £288,016 and the estimated rental value is £1,436 per month.
Hornbeam Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
5, Hornbeam Way, Bromley has 51 entries in the Land Registry , most recently in October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5, Hornbeam Way, Bromley is in very good condition we estimate a sale value of £302,417 and a rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,855 and a rental value of £1,336 per month.
Over the last 12 months the sale value of 5 Hornbeam Way Bromley has decreased by an estimated £1,064 (0.4%) and its rental value has increased by an estimated £50 per month (3.5%), giving an expected gross yield of 6%.
According to HM Land Registry, 5, Hornbeam Way, Bromley was last sold on 7th October 2008 for £160,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since October 2008, the market for similar properties has risen 68.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Hornbeam Way, Bromley within a radius of 810 metres over the last 2 years.
The most recent example is 40, Prescott Avenue, Orpington, BR5 1AF, a leasehold flat which sold for £315,000 on the 19th May 2023.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hornbeam Way, Bromley, BR2 has a total of 41 addresses. According to our analysis of all the public data, 5, Hornbeam Way, Bromley is the 2nd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £311k less expensive than the average property in BR2.
The nearest school is Southborough Primary School which is 520 metres away. The nearest train station is Petts Wood which is 1.2 kilometres away.
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