38E, Madeira Avenue
38E, Madeira Avenue
Description & Estimates
Public records show 38E, Madeira Avenue, Bromley to be a period leasehold apartment with 925 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
38E, Madeira Avenue, Bromley has an estimated sale value of £479,754 and an estimated rental value of £1,946 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38, Madeira Avenue, Bromley, BR1.
Madeira Avenue, Bromley, BR1 lies in the borough of Bromley, within the BR1 postal district.
Our Data Sources
38E, Madeira Avenue, Bromley has 81 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 38E, Madeira Avenue, Bromley would be worth £503,742, with a potential rental value of £2,043 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £446,172, with a rental value of £1,810 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38E, Madeira Avenue, Bromley has grown by £4,083 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £85 (4.4%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
38E, Madeira Avenue, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
38E, Madeira Avenue, Bromley last changed hands on 20th October 2023, selling for £330,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 8 times since 1995.
The market for similar properties has risen by 6.4% since October 2023.
- Sold Oct 2023£330,000
- Sold May 2019£342,500
- Sold Jun 2016£362,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 38E, Madeira Avenue, Bromley across the last 2 years.
Most recently, Flat 5, 14, Highland Road, Bromley, BR1 4AD, a leasehold flat, sold at £475,000 on the 16th December 2024.
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
Our analysis of the public data ranks 38E, Madeira Avenue, Bromley as the 110th largest and the 110th most expensive of the 130 addresses on Madeira Avenue, Bromley, BR1.
Against the BR1 postcode district average, it is £54k less expensive than the typical property.
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Schools Nearby
- 400mValley Primary School
- 900mHarris Primary Academy Shortlands
- 900mParish Church of England Primary School
- 1.9kmBonus Pastor Catholic College
- 2.1kmHaberdashers' Knights Academy
- 2.1kmThe Ravensbourne School
More reading links
Public Transport Nearby
Shortlands station is the nearest stop to 38E, Madeira Avenue, Bromley at 500 metres away.
- 500mShortlands
- 900mRavensbourne
- 900mBromley North
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
