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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, 1B, Ridgeway, Bromley is a period freehold house with 1,151 ft2 of internal area and sits on a 348 m2 plot.
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 1B, Ridgeway, Bromley is £712,914 and the estimated rental value is £2,523 per month.
Ridgeway, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
1B, Ridgeway, Bromley has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated February 2020.
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 1B, Ridgeway, Bromley is in very good condition we estimate a sale value of £748,560 and a rental value of £2,649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £663,010 and a rental value of £2,346 per month.
Over the last 12 months the sale value of 1B Ridgeway Bromley has increased by an estimated £864 (0.1%) and its rental value has increased by an estimated £95 per month (3.8%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 1B, Ridgeway, Bromley sits on a plot of 348m2.
We have plot size data on 10 out of 12 other houses in the postcode and 1B, Ridgeway, Bromley sits on the 10th largest plot.
1B, Ridgeway, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1B, Ridgeway, Bromley was last sold on 21st December 2021 for £695,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Ridgeway, Bromley within a radius of 660 metres over the last 2 years.
The most recent example is 1, Ridgeway, Bromley, BR2 7DF, a freehold house which sold for £726,000 on the 19th May 2023.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgeway, Bromley, BR2 has a total of 38 addresses. According to our analysis of all the public data, 1B, Ridgeway, Bromley is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in BR2.
The nearest school is Hayes School which is 456 metres away. The nearest train station is Hayes (Kent) which is 200 metres away.
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