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According to the public record, Flat 16, 1, Brosse Way, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 833 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16, 1, Brosse Way, Bromley is £201,602 and the estimated rental value is £994 per month.
The apartment is within 1, Brosse Way, Bromley, BR2.
Brosse Way, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 16, 1, Brosse Way, Bromley has 2 entries in the Land Registry , most recently in July 2017 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 1 out of 5 and is considered of low 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 16, 1, Brosse Way, Bromley is in very good condition we estimate a sale value of £211,682 and a rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,490 and a rental value of £925 per month.
Over the last 12 months the sale value of Flat 16 1 Brosse Way Bromley has decreased by an estimated £1,636 (0.8%) and its rental value has increased by an estimated £30 per month (3.0%), giving an expected gross yield of 5.9%.
According to HM Land Registry, Flat 16, 1, Brosse Way, Bromley was last sold on 26th July 2017 for £310,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2017, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, 1, Brosse Way, Bromley within a radius of 700 metres over the last 2 years.
The most recent example is Flat 11, 1, Brosse Way, Bromley, BR2 8FF, a leasehold flat which sold for £315,000 on the 3rd October 2019.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brosse Way, Bromley, BR2 has a total of 88 addresses. According to our analysis of all the public data, Flat 16, 1, Brosse Way, Bromley is the 15th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £397k less expensive than the average property in BR2.
The nearest school is Bishop Justus CofE School which is 328 metres away. The nearest train station is Bickley which is 1.9 kilometres away.
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