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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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47A, Park Farm Road, Bromley is recorded publicly as a modern freehold house across 3,035 ft2 of internal area, sitting on a 504 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 47A, Park Farm Road, Bromley is £1,691,464 and its rental estimate is £4,672 per month, given the available information and assuming reasonable condition.
Park Farm Road, Bromley, BR1 falls within the BR1 postal district, in the borough of Bromley.
47A, Park Farm Road, Bromley has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 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.
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 47A, Park Farm Road, Bromley, we estimate a market value of £1,776,037 and a rental value of £4,906 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,573,061 and £4,345 per month respectively.
Over the last year, 47A, Park Farm Road, Bromley has seen its estimated sale value fall by £24,462 (1.4%) and its estimated rental value move up by £99 per month (2.1%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for 47A, Park Farm Road, Bromley as measuring 504 m2.
That makes it the 22nd largest plot in the postcode, where 25 of the 28 other houses have recorded plot data.
47A, Park Farm Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2019.
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 47A, Park Farm Road, Bromley completed on 2nd September 2022 at £1,362,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 21.2% over the period since September 2022.
Over the past 2 years 3 properties similar to 47A, Park Farm Road, Bromley have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th February 2022, was 9, Sundridge Avenue, Bromley, BR1 2PU, a freehold house which sold for £1,616,000.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 50 addresses on Park Farm Road, Bromley, BR1, 47A, Park Farm Road, Bromley comes out as the 12th largest and the 13th most expensive in our analysis of the public data.
It is also £1.158m more expensive than the average property across the BR1 district.
From 47A, Park Farm Road, Bromley, the nearest station is Bickley, 900 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 47A, Park Farm Road, Bromley, 48.0% of property is privately owned outright and 43.3% is privately owned with a mortgage.
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 47A, Park Farm Road, Bromley, 21.2% of residents are recorded as possessing school level qualifications and 53.4% 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 47A, Park Farm Road, Bromley, the average age was 40.1 and the most common age was 52.
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 47A, Park Farm Road, Bromley, 3.8% 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 47A, Park Farm Road, Bromley, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
