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According to the public record, Flat 2, 3, Park Hill, Bromley is a period leasehold apartment with 1,334 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 2, 3, Park Hill, Bromley is £574,375 and the estimated rental value is £2,324 per month.
The apartment is within 3, Park Hill, Bromley, BR1.
Park Hill, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 2, 3, Park Hill, Bromley has 31 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, 3, Park Hill, Bromley is in very good condition we estimate a sale value of £603,094 and a rental value of £2,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,169 and a rental value of £2,161 per month.
Over the last 12 months the sale value of Flat 2 3 Park Hill Bromley has increased by an estimated £1,168 (0.2%) and its rental value has increased by an estimated £90 per month (3.9%), giving an expected gross yield of 4.9%.
Flat 2, 3, Park Hill, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jun 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 3, Park Hill, Bromley was last sold on 13th August 2019 for £610,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2019, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 3, Park Hill, Bromley within a radius of 610 metres over the last 2 years.
The most recent example is 9A, Park Hill, Bromley, BR1 2JH, a leasehold flat which sold for £642,500 on the 17th February 2023.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Hill, Bromley, BR1 has a total of 48 addresses. According to our analysis of all the public data, Flat 2, 3, Park Hill, Bromley is the 20th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in BR1.
The closest station to Flat 2, 3, Park Hill, Bromley is Bickley station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 3, Park Hill, Bromley, 46.5% of property is privately owned outright and 44.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 3, Park Hill, Bromley, 24.5% of residents are recorded as possessing school level qualifications and 59.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 3, Park Hill, Bromley, the average age was 43.1 and the most common age was 47.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 3, Park Hill, Bromley, 6.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 3, Park Hill, Bromley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.