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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, Strand House 16, Bromley is £288,960 and the estimated rental value is £1,366 per month.
The apartment is within Strand House, Wells View Drive, Bromley, BR2.
Wells View Drive, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 2, Strand House 16, Bromley has 2 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated May 2014.
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, Strand House 16, Bromley is in very good condition we estimate a sale value of £303,408 and a rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,733 and a rental value of £1,270 per month.
Over the last 12 months the sale value of Flat 2 Strand House 16 Bromley has decreased by an estimated £478 (0.2%) and its rental value has increased by an estimated £49 per month (3.6%), giving an expected gross yield of 5.7%.
Flat 2, Strand House 16, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 May 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Strand House 16, Bromley was last sold on 29th May 2015 for £240,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Strand House 16, Bromley within a radius of 550 metres over the last 2 years.
The most recent example is Flat 9, Strand House 16, Wells View Drive, Bromley, BR2 9UL, a leasehold flat which sold for £299,000 on the 2nd July 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells View Drive, Bromley, BR2 has a total of 94 addresses. According to our analysis of all the public data, Flat 2, Strand House 16, Bromley is the 88th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £310k less expensive than the average property in BR2.
The nearest school is Bishop Justus CofE School which is 600 metres away. The nearest train station is Bickley which is 1.7 kilometres away.
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