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According to the public record, 5, Springfield Road, Bromley is a mid-century freehold house with 3,390 ft2 of internal area and sits on a 636 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Springfield Road, Bromley is £1,700,887 and the estimated rental value is £5,329 per month.
Springfield Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
5, Springfield Road, Bromley has a single entry in the Land Registry from November 2008 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property 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, Springfield Road, Bromley is in very good condition we estimate a sale value of £1,785,931 and a rental value of £5,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,581,825 and a rental value of £4,956 per month.
Over the last 12 months the sale value of 5 Springfield Road Bromley has decreased by an estimated £32,564 (1.9%) and its rental value has increased by an estimated £98 per month (1.8%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 5, Springfield Road, Bromley sits on a plot of 636m2.
We have plot size data on 9 out of 10 other houses in the postcode and 5, Springfield Road, Bromley sits on the 3rd largest plot.
5, Springfield Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 5, Springfield Road, Bromley was last sold on 21st November 2008 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2008, the market for similar properties has risen 77.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Springfield Road, Bromley within a radius of 680 metres over the last 2 years.
The most recent example is Margam, Oldfield Road, Bromley, BR1 2LF, a freehold house which sold for £1,400,000 on the 12th June 2020.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Bromley, BR1 has a total of 10 addresses. According to our analysis of all the public data, 5, Springfield Road, Bromley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.169m more expensive than the average property in BR1.
The closest station to 5, Springfield Road, Bromley is Bickley station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Springfield Road, Bromley, 41.4% of property is privately owned outright and 25.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Springfield Road, Bromley, 13.0% of residents are recorded as possessing school level qualifications and 41.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Springfield Road, Bromley, the average age was 43.1 and the most common age was 47.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Springfield Road, Bromley, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Springfield Road, Bromley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
