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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, 94, Shortlands Road, Bromley is a mid-century leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 94, Shortlands Road, Bromley is £511,235 and the estimated rental value is £2,237 per month.
Shortlands Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
94, Shortlands Road, Bromley has 41 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated July 2021.
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 94, Shortlands Road, Bromley is in very good condition we estimate a sale value of £536,796 and a rental value of £2,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £475,448 and a rental value of £2,080 per month.
Over the last 12 months the sale value of 94 Shortlands Road Bromley has decreased by an estimated £5,639 (1.1%) and its rental value has increased by an estimated £58 per month (2.6%), giving an expected gross yield of 5.2%.
94, Shortlands Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2021.
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, 94, Shortlands Road, Bromley was last sold on 7th January 2022 for £425,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2022, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 94, Shortlands Road, Bromley within a radius of 600 metres over the last 2 years.
The most recent example is Flat 5, 78, Scotts Lane, Bromley, BR2 0LX, a leasehold flat which sold for £410,000 on the 25th November 2022.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shortlands Road, Bromley, BR2 has a total of 223 addresses. According to our analysis of all the public data, 94, Shortlands Road, Bromley is the 84th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in BR2.
The nearest school is Highfield Junior School which is 650 metres away. The nearest train station is Shortlands which is 800 metres 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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