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According to the public record, 97, Mead Way, Bromley is a mid-century freehold house with 936 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 97, Mead Way, Bromley is £494,777 and the estimated rental value is £2,226 per month.
Mead Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
97, Mead Way, Bromley has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated June 2019.
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 97, Mead Way, Bromley is in very good condition we estimate a sale value of £519,516 and a rental value of £2,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,143 and a rental value of £2,070 per month.
Over the last 12 months the sale value of 97 Mead Way Bromley has increased by an estimated £600 (0.1%) and its rental value has increased by an estimated £84 per month (3.8%), giving an expected gross yield of 5.4%.
97, Mead Way, Bromley has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 10 Jun 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 97, Mead Way, Bromley was last sold on 31st January 2020 for £455,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Mead Way, Bromley within a radius of 600 metres over the last 2 years.
The most recent example is 106, Mead Way, Bromley, BR2 9EU, a freehold house which sold for £510,000 on the 5th August 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Way, Bromley, BR2 has a total of 205 addresses. According to our analysis of all the public data, 97, Mead Way, Bromley is the 191st largest and the 197th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in BR2.
The nearest school is Pickhurst Infant Academy which is 349 metres away. The nearest train station is Hayes (Kent) which is 1.4 kilometres away.
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