Derwent House, Bromley
Derwent House, Bromley
Description & Estimates
Derwent House, Bromley appears in the public record as a freehold house sitting on a 739 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,286 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Derwent House, Bromley is £1,428,270 and its rental estimate is £3,945 per month, given the available information and assuming reasonable condition.
St. Georges Road, Bromley, BR1 falls within the BR1 postal district, in the borough of Bromley.
Our Data Sources
Derwent House, Bromley has 2 entries in the Land Registry , most recently in February 2019 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Derwent House, Bromley, we estimate a market value of £1,499,683 and a rental value of £4,142 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,328,291 and £3,669 per month respectively.
Recent Market Change
Over the last year, Derwent House, Bromley has seen its estimated sale value drop by £20,656 (1.4%) and its estimated rental value rise by £84 per month (2.1%). This results in an estimated gross rental yield of 3.3%.
Plot Size
HM Land Registry records the plot of land for Derwent House, Bromley as measuring 739 m2.
That makes it the 6th largest plot in the postcode, where 14 of the 17 other houses have recorded plot data.
Sold Prices
The most recent sale of Derwent House, Bromley completed on 11th February 2019 at £1,400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 0.9% over the period since February 2019.
- Sold Feb 2019£1,400,000
- Sold Jun 2010£1,300,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Derwent House, Bromley have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2018, was Oast House, St. Georges Road, Bromley, BR1 2LB, a freehold house which sold for £1,050,000.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 55 addresses on St. Georges Road, Bromley, BR1, Derwent House, Bromley comes out as the 32nd largest and the 26th most expensive in our analysis of the public data.
It is also £894k more expensive than the average property across the BR1 district.
More reading links
Schools Nearby
- 1.1kmSt George's, Bickley, Church of England Primary School
- 1.2kmRaglan Primary School
- 1.2kmSouthborough Primary School
- 900mBullers Wood School for Boys
- 1.2kmBullers Wood School
- 1.9kmBishop Justus CofE School
More reading links
Public Transport Nearby
From Derwent House, Bromley, the nearest station is Bickley, 400 metres away.
- 400mBickley
- 1.0kmChislehurst
- 2.1kmPetts Wood
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
