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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17B, Park Grove, Bromley is £370,407 and the estimated rental value is £1,530 per month.
The apartment is within 17, Park Grove, Bromley, BR1.
Park Grove, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
17B, Park Grove, Bromley has 41 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 17B, Park Grove, Bromley is in very good condition we estimate a sale value of £388,927 and a rental value of £1,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,478 and a rental value of £1,423 per month.
Over the last 12 months the sale value of 17B Park Grove Bromley has decreased by an estimated £10 (0.0%) and its rental value has increased by an estimated £58 per month (3.8%), giving an expected gross yield of 5%.
17B, Park Grove, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17B, Park Grove, Bromley was last sold on 1st July 2016 for £335,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2016, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17B, Park Grove, Bromley within a radius of 420 metres over the last 2 years.
The most recent example is 58A, Park Road, Bromley, BR1 3HP, a leasehold flat which sold for £236,000 on the 31st January 2023.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Grove, Bromley, BR1 has a total of 17 addresses. According to our analysis of all the public data, 17B, Park Grove, Bromley is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in BR1.
The closest station to 17B, Park Grove, Bromley is Bromley North station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 17B, Park Grove, Bromley, 36.9% of property is privately owned with a mortgage and 30.8% is privately owned outright.
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 17B, Park Grove, Bromley, 12.5% of residents are recorded as possessing school level qualifications and 51.6% 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 17B, Park Grove, Bromley, the average age was 38.2 and the most common age was 32.
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 17B, Park Grove, Bromley, 0.4% 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 17B, Park Grove, Bromley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.