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Company No. 11113204
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According to the public record, 74, Hayes Road, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 728 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 74, Hayes Road, Bromley is £593,080 and the estimated rental value is £2,585 per month.
The apartment is within 74, Hayes Road, Bromley, BR2.
Hayes Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
74, Hayes Road, Bromley has a single entry in the Land Registry from June 2011 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 74, Hayes Road, Bromley is in very good condition we estimate a sale value of £622,734 and a rental value of £2,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,564 and a rental value of £2,404 per month.
Over the last 12 months the sale value of 74 Hayes Road Bromley has decreased by an estimated £6,130 (1.0%) and its rental value has increased by an estimated £77 per month (3.0%), giving an expected gross yield of 5.2%.
According to HM Land Registry, 74, Hayes Road, Bromley was last sold on 10th June 2011 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2011, the market for similar properties has risen 65.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 74, Hayes Road, Bromley within a radius of 580 metres over the last 2 years.
The most recent example is 27A, Westmoreland Road, Bromley, BR2 0TF, a leasehold flat which sold for £645,000 on the 12th January 2022.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hayes Road, Bromley, BR2 has a total of 107 addresses. According to our analysis of all the public data, 74, Hayes Road, Bromley is the 92nd largest and the 91st most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in BR2.
The nearest school is The Ravensbourne School which is 325 metres away. The nearest train station is Bromley South which is 800 metres away.
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