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According to the public record, 50, Mill Vale, Bromley is a early-century leasehold apartment with 613 ft2 of internal area.
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 50, Mill Vale, Bromley is £359,376 and the estimated rental value is £1,585 per month.
Mill Vale, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
50, Mill Vale, Bromley has 2 entries in the Land Registry , most recently in May 2024 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 5 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 50, Mill Vale, Bromley is in very good condition we estimate a sale value of £377,344 and a rental value of £1,664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,219 and a rental value of £1,474 per month.
Over the last 12 months the sale value of 50 Mill Vale Bromley has decreased by an estimated £3,715 (1.0%) and its rental value has increased by an estimated £47 per month (3.0%), giving an expected gross yield of 5.3%.
50, Mill Vale, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 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, 50, Mill Vale, Bromley was last sold on 22nd May 2024 for £385,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Mill Vale, Bromley within a radius of 470 metres over the last 2 years.
The most recent example is 18, Mill Vale, Bromley, BR2 0EW, a leasehold flat which sold for £385,000 on the 17th April 2025.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Vale, Bromley, BR2 has a total of 57 addresses. According to our analysis of all the public data, 50, Mill Vale, Bromley is the 31st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in BR2.
The nearest school is St Mark's Church of England Primary School which is 431 metres away. The nearest train station is Bromley South which is 600 metres away.
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