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Company No. 11113204
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According to the public record, 8, Lake Avenue, Bromley is a mid-century freehold house with 2,109 ft2 of internal area and sits on a 518 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Lake Avenue, Bromley is £911,608 and the estimated rental value is £3,112 per month.
Lake Avenue, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
8, Lake Avenue, Bromley has 21 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 8, Lake Avenue, Bromley is in very good condition we estimate a sale value of £957,189 and a rental value of £3,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £847,796 and a rental value of £2,894 per month.
Over the last 12 months the sale value of 8 Lake Avenue Bromley has decreased by an estimated £13,184 (1.4%) and its rental value has increased by an estimated £66 per month (2.1%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 8, Lake Avenue, Bromley sits on a plot of 518m2.
We have plot size data on 18 out of 19 other houses in the postcode and 8, Lake Avenue, Bromley sits on the 12th largest plot.
8, Lake Avenue, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 8, Lake Avenue, Bromley was last sold on 12th January 2007 for £580,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2007, the market for similar properties has risen 113.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lake Avenue, Bromley within a radius of 530 metres over the last 2 years.
The most recent example is 9, Quernmore Close, Bromley, BR1 4EL, a freehold house which sold for £840,000 on the 10th May 2023.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lake Avenue, Bromley, BR1 has a total of 30 addresses. According to our analysis of all the public data, 8, Lake Avenue, Bromley is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £378k more expensive than the average property in BR1.
The closest station to 8, Lake Avenue, Bromley is Sundridge Park station which is 600 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 8, Lake Avenue, Bromley, 40.8% of property is privately owned with a mortgage and 39.8% is privately owned outright.
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 8, Lake Avenue, Bromley, 17.8% of residents are recorded as possessing school level qualifications and 55.7% 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 8, Lake Avenue, Bromley, the average age was 40.7 and the most common age was 37.
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 8, Lake Avenue, Bromley, 3.3% 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 8, Lake Avenue, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
