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According to the public record, Flat A, 52, Valley Road, Bromley is a period leasehold apartment with 818 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 A, 52, Valley Road, Bromley is £384,015 and the estimated rental value is £1,723 per month.
The apartment is within 52, Valley Road, Bromley, BR2.
Valley Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat A, 52, Valley Road, Bromley has 61 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated February 2022.
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 A, 52, Valley Road, Bromley is in very good condition we estimate a sale value of £403,216 and a rental value of £1,809 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,134 and a rental value of £1,602 per month.
Over the last 12 months the sale value of Flat A 52 Valley Road Bromley has decreased by an estimated £1,418 (0.4%) and its rental value has increased by an estimated £60 per month (3.5%), giving an expected gross yield of 5.4%.
Flat A, 52, Valley Road, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2022.
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 A, 52, Valley Road, Bromley was last sold on 16th November 2022 for £430,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since November 2022, the market for similar properties has dropped 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 52, 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 A, 52, Valley Road, Bromley is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £215k 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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