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Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Watercroft, Bromley is £2,374,511 and the estimated rental value is £6,559 per month.
Oldfield Road, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Watercroft, Bromley has 21 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Watercroft, Bromley is in very good condition we estimate a sale value of £2,493,236 and a rental value of £6,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,208,295 and a rental value of £6,100 per month.
Over the last 12 months the sale value of Watercroft Bromley has decreased by an estimated £34,341 (1.4%) and its rental value has increased by an estimated £139 per month (2.1%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, Watercroft, Bromley sits on a plot of 1652m2.
We have plot size data on 19 out of 25 other houses in the postcode and Watercroft, Bromley sits on the largest plot.
Watercroft, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 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, Watercroft, Bromley was last sold on 11th January 2024 for £2,350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has dropped 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Watercroft, Bromley within a radius of 690 metres over the last 2 years.
The most recent example is Fermain, Bickley Park Road, Bromley, BR1 2AY, a freehold house which sold for £2,400,000 on the 18th August 2023.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oldfield Road, Bromley, BR1 has a total of 58 addresses. According to our analysis of all the public data, Watercroft, Bromley is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.841m more expensive than the average property in BR1.
The closest station to Watercroft, Bromley is Bickley station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Watercroft, Bromley, 51.4% of property is socially rented and 28.6% is privately owned outright.
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 Watercroft, Bromley, 14.9% of residents are recorded as possessing school level qualifications and 35.8% 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 Watercroft, Bromley, the average age was 43.1 and the most common age was 47.
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 Watercroft, Bromley, 1.5% 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 Watercroft, Bromley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.