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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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According to the public record, 26A, Letchworth Drive, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 718 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 26A, Letchworth Drive, Bromley is £210,308 and the estimated rental value is £1,050 per month.
Letchworth Drive, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
26A, Letchworth Drive, Bromley has 2 entries in the Land Registry , most recently in June 2015 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 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 26A, Letchworth Drive, Bromley is in very good condition we estimate a sale value of £220,823 and a rental value of £1,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,586 and a rental value of £976 per month.
Over the last 12 months the sale value of 26A Letchworth Drive Bromley has decreased by an estimated £777 (0.4%) and its rental value has increased by an estimated £36 per month (3.5%), giving an expected gross yield of 6%.
According to HM Land Registry, 26A, Letchworth Drive, Bromley was last sold on 26th June 2015 for £219,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2015, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 26A, Letchworth Drive, Bromley within a radius of 700 metres over the last 2 years.
The most recent example is 11A, Brenchley Close, Bromley, BR2 9DR, a leasehold flat which sold for £180,000 on the 23rd June 2015.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Letchworth Drive, Bromley, BR2 has a total of 31 addresses. According to our analysis of all the public data, 26A, Letchworth Drive, Bromley is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £388k less expensive than the average property in BR2.
The nearest school is The Ravensbourne School which is 568 metres away. The nearest train station is Bromley South which is 1.1 kilometres away.
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