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According to the public record, Flat 1, 1, Durham Avenue, Bromley is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 1, Durham Avenue, Bromley is £581,965 and the estimated rental value is £2,554 per month.
The apartment is within 1, Durham Avenue, Bromley, BR2.
Durham Avenue, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 1, 1, Durham Avenue, Bromley has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated May 2023.
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 Flat 1, 1, Durham Avenue, Bromley is in very good condition we estimate a sale value of £611,064 and a rental value of £2,681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,228 and a rental value of £2,375 per month.
Over the last 12 months the sale value of Flat 1 1 Durham Avenue Bromley has decreased by an estimated £6,419 (1.1%) and its rental value has increased by an estimated £66 per month (2.6%), giving an expected gross yield of 5.3%.
Flat 1, 1, Durham Avenue, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, Flat 1, 1, Durham Avenue, Bromley was last sold on 25th October 2024 for £600,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2024, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 1, Durham Avenue, Bromley within a radius of 450 metres over the last 2 years.
The most recent example is Apartment 5, Keeping Court 2, St. Marks Square, Bromley, BR2 9UY, a leasehold flat which sold for £490,000 on the 21st September 2020.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Avenue, Bromley, BR2 has a total of 253 addresses. According to our analysis of all the public data, Flat 1, 1, Durham Avenue, Bromley is the 54th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in BR2.
The nearest school is St Mark's Church of England Primary School which is 290 metres away. The nearest train station is Bromley South which is 700 metres away.
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