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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, Flat 3, 1, Durham Avenue, Bromley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,266 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 3, 1, Durham Avenue, Bromley is £698,501 and the estimated rental value is £3,056 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 3, 1, Durham Avenue, Bromley has 2 entries in the Land Registry , most recently in October 2018 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 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 3, 1, Durham Avenue, Bromley is in very good condition we estimate a sale value of £733,426 and a rental value of £3,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £649,606 and a rental value of £2,842 per month.
Over the last 12 months the sale value of Flat 3 1 Durham Avenue Bromley has decreased by an estimated £7,704 (1.1%) and its rental value has increased by an estimated £79 per month (2.6%), giving an expected gross yield of 5.2%.
According to HM Land Registry, Flat 3, 1, Durham Avenue, Bromley was last sold on 25th October 2018 for £610,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2018, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, 1, Durham Avenue, Bromley within a radius of 450 metres over the last 2 years.
The most recent example is 10C, Durham Avenue, Bromley, BR2 0QA, a leasehold flat which sold for £580,000 on the 14th February 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 3, 1, Durham Avenue, Bromley is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £100k more 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.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
