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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat E, 237, Downham Way, Bromley is a modern apartment with 667 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 E, 237, Downham Way, Bromley is £271,232 and the estimated rental value is £1,506 per month.
The apartment is within 237, Downham Way, Bromley, BR1.
Downham Way, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
Flat E, 237, Downham Way, Bromley has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data 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 E, 237, Downham Way, Bromley is in very good condition we estimate a sale value of £284,794 and a rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,246 and a rental value of £1,401 per month.
Over the last 12 months the sale value of Flat E 237 Downham Way Bromley has increased by an estimated £1,594 (0.6%) and its rental value has increased by an estimated £64 per month (4.3%), giving an expected gross yield of 6.7%.
Flat E, 237, Downham Way, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 237, Downham Way, Bromley within a radius of 460 metres over the last 2 years.
The most recent example is Flat J, 237, Downham Way, Bromley, BR1 5EL, a leasehold flat which sold for £276,000 on the 9th May 2024.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downham Way, Bromley, BR1 has a total of 643 addresses. According to our analysis of all the public data, Flat E, 237, Downham Way, Bromley is the 497th largest and the 529th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in BR1.
The closest station to Flat E, 237, Downham Way, Bromley is Grove Park station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat E, 237, Downham Way, Bromley, 39.7% of property is socially rented and 24.1% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat E, 237, Downham Way, Bromley, 24.0% of residents are recorded as possessing school level qualifications and 31.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat E, 237, Downham Way, Bromley, the average age was 35.2 and the most common age was 12.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat E, 237, Downham Way, Bromley, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat E, 237, Downham Way, Bromley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
