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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
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98, Homesdale Road, Bromley is recorded publicly as an early-century leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 98, Homesdale Road, Bromley is £283,704 and its rental estimate is £1,348 per month, given the available information and assuming reasonable condition.
Homesdale Road, Bromley, BR2 falls within the BR2 postal district, in the borough of Bromley.
98, Homesdale Road, Bromley has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated June 2015.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 98, Homesdale Road, Bromley, we estimate a market value of £297,889 and a rental value of £1,415 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £263,844 and £1,253 per month respectively.
Over the last year, 98, Homesdale Road, Bromley has seen its estimated sale value decrease by £1,169 (0.4%) and its estimated rental value grow by £44 per month (3.3%). This results in an estimated gross rental yield of 5.7%.
98, Homesdale Road, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 98, Homesdale Road, Bromley completed on 23rd October 2015 at £225,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 35.2% over the period since October 2015.
Over the past 2 years 3 properties similar to 98, Homesdale Road, Bromley have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th June 2023, was 148, Homesdale Road, Bromley, BR2 9LH, a leasehold flat which sold for £154,587.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 469 addresses on Homesdale Road, Bromley, BR2, 98, Homesdale Road, Bromley comes out as the 375th largest and the 320th most expensive in our analysis of the public data.
It is also £315k less expensive than the average property across the BR2 district.
From 98, Homesdale Road, Bromley, the nearest station is Bickley, 900 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 98, Homesdale Road, Bromley, 47.5% of property is privately owned with a mortgage and 29.2% is privately rented.
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 98, Homesdale Road, Bromley, 22.1% of residents are recorded as possessing school level qualifications and 46.1% 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 98, Homesdale Road, Bromley, the average age was 39.3 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 98, Homesdale Road, Bromley, 0.6% 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 98, Homesdale Road, Bromley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
