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By comparing it to neighbours, we estimate that it is a period apartment with 779 ft2 of internal area.
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 3, 48, Valley Road, Bromley is £374,234 and the estimated rental value is £1,685 per month.
The apartment is within 48, Valley Road, Bromley, BR2.
Valley Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 3, 48, Valley Road, Bromley has 21 entries in the Land Registry , most recently in August 2011 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 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 3, 48, Valley Road, Bromley is in very good condition we estimate a sale value of £392,946 and a rental value of £1,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,038 and a rental value of £1,567 per month.
Over the last 12 months the sale value of Flat 3 48 Valley Road Bromley has decreased by an estimated £1,382 (0.4%) and its rental value has increased by an estimated £58 per month (3.5%), giving an expected gross yield of 5.4%.
According to HM Land Registry, Flat 3, 48, Valley Road, Bromley was last sold on 17th August 2011 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2011, the market for similar properties has risen 43.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 48, Valley Road, Bromley within a radius of 490 metres over the last 2 years.
The most recent example is 50, Valley Road, Bromley, BR2 0HD, a leasehold flat which sold for £6,000 on the 18th August 2023.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Road, Bromley, BR2 has a total of 77 addresses. According to our analysis of all the public data, Flat 3, 48, Valley Road, Bromley is the 55th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in BR2.
The nearest school is Harris Primary Academy Shortlands which is 181 metres away. The nearest train station is Shortlands which is 200 metres away.
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