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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Thorn Close, Bromley is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 723 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, Thorn Close, Bromley is £282,808 and the estimated rental value is £1,411 per month.
Thorn Close, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
5, Thorn Close, Bromley has a single entry in the Land Registry from May 2009 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 1 out of 5 and is considered of low 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, Thorn Close, Bromley is in very good condition we estimate a sale value of £296,948 and a rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,011 and a rental value of £1,312 per month.
Over the last 12 months the sale value of 5 Thorn Close Bromley has decreased by an estimated £1,044 (0.4%) and its rental value has increased by an estimated £49 per month (3.5%), giving an expected gross yield of 6%.
According to HM Land Registry, 5, Thorn Close, Bromley was last sold on 22nd May 2009 for £191,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 80.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Thorn Close, Bromley within a radius of 730 metres over the last 2 years.
The most recent example is 3, Hornbeam Way, Bromley, BR2 8DB, a leasehold flat which sold for £289,000 on the 2nd December 2022.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorn Close, Bromley, BR2 has a total of 27 addresses. According to our analysis of all the public data, 5, Thorn Close, Bromley is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £316k less expensive than the average property in BR2.
The nearest school is Southborough Primary School which is 273 metres away. The nearest train station is Petts Wood which is 1.1 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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