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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
According to the public record, 40B, Valley Road, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 764 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 40B, Valley Road, Bromley is £369,433 and the estimated rental value is £1,666 per month.
The apartment is within 40, Valley Road, Bromley, BR2.
Valley Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
40B, Valley Road, Bromley has a single entry in the Land Registry from May 2011 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 4 out of 5 and is considered of high 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 40B, Valley Road, Bromley is in very good condition we estimate a sale value of £387,905 and a rental value of £1,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,573 and a rental value of £1,550 per month.
Over the last 12 months the sale value of 40B Valley Road Bromley has decreased by an estimated £1,364 (0.4%) and its rental value has increased by an estimated £58 per month (3.5%), giving an expected gross yield of 5.4%.
According to HM Land Registry, 40B, Valley Road, Bromley was last sold on 24th May 2011 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40B, Valley Road, Bromley within a radius of 480 metres over the last 2 years.
The most recent example is 50, Valley Road, Bromley, BR2 0HD, a leasehold flat which sold for £6,000 on the 18th August 2023.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Road, Bromley, BR2 has a total of 77 addresses. According to our analysis of all the public data, 40B, Valley Road, Bromley is the 56th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £229k less expensive than the average property in BR2.
The nearest school is Harris Primary Academy Shortlands which is 181 metres away. The nearest train station is Shortlands which is 200 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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