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Company No. 11113204
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According to the public record, Flat 5, South Ridge 33, Bromley is a mid-century leasehold apartment with 710 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 5, South Ridge 33, Bromley is £328,091 and the estimated rental value is £1,608 per month.
The apartment is within South Ridge, Bromley Common, Bromley, BR2.
Bromley Common, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 5, South Ridge 33, Bromley has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated August 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 5, South Ridge 33, Bromley is in very good condition we estimate a sale value of £344,495 and a rental value of £1,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,125 and a rental value of £1,496 per month.
Over the last 12 months the sale value of Flat 5 South Ridge 33 Bromley has increased by an estimated £198 (0.1%) and its rental value has increased by an estimated £60 per month (3.7%), giving an expected gross yield of 5.9%.
Flat 5, South Ridge 33, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, South Ridge 33, Bromley was last sold on 13th August 2009 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 78.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, South Ridge 33, Bromley within a radius of 500 metres over the last 2 years.
The most recent example is Flat 1, South Ridge 33, Bromley Common, Bromley, BR2 9LT, a leasehold flat which sold for £327,000 on the 8th May 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley Common, Bromley, BR2 has a total of 169 addresses. According to our analysis of all the public data, Flat 5, South Ridge 33, Bromley is the 124th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in BR2.
The nearest school is Raglan Primary School which is 300 metres away. The nearest train station is Bromley South which is 1.0 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
