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According to the public record, Flat 2, Babbacombe House 2, Bromley is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Babbacombe House 2, Bromley is £288,605 and the estimated rental value is £1,438 per month.
The apartment is within Babbacombe House, Babbacombe Road, Bromley, BR1.
Babbacombe Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 2, Babbacombe House 2, Bromley has 3 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated November 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.
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, Babbacombe House 2, Bromley is in very good condition we estimate a sale value of £303,036 and a rental value of £1,510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,403 and a rental value of £1,338 per month.
Over the past 12 months, the estimated sale value of Flat 2, Babbacombe House 2, Bromley has increased by £399 (0.1%), while its estimated rental value has grown by £57 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Flat 2, Babbacombe House 2, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 2, Babbacombe House 2, Bromley was last sold on 9th February 2024 for £252,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2024, the market for similar properties has risen by 2.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Babbacombe House 2, Bromley within a radius of 410 metres over the last 2 years.
The most recent example is Flat 7, Babbacombe House 2, Babbacombe Road, Bromley, BR1 3LW, a leasehold flat which sold for £305,000 on the 13th September 2022.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Babbacombe Road, Bromley, BR1 has a total of 117 addresses. According to our analysis of all the public data, Flat 2, Babbacombe House 2, Bromley is the 112th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in BR1.
The closest station to Flat 2, Babbacombe House 2, Bromley is Bromley North station, which is 200 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, Babbacombe House 2, Bromley, 51.8% of property is privately owned with a mortgage and 31.9% is privately owned outright.
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, Babbacombe House 2, Bromley, 20.1% of residents are recorded as possessing school level qualifications and 58.4% 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, Babbacombe House 2, Bromley, the average age was 38.2 and the most common age was 32.
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, Babbacombe House 2, Bromley, 2.1% 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, Babbacombe House 2, Bromley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
