40 Milk Street, Bromley, BR1 5AD is a leasehold flat built between 1950-1966. The property offers approximately 452 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £270,000 , which equates to approximately £597 per square foot. It was last sold on 19 Sep 2019 for £243,000. Since then, the value has increased by £27,000, representing a 11.1% increase, or approximately 1.8% per year.

The current estimated value of £270,000 is:

  • 26.4% lower than the average property price on Milk Street
  • 10.6% lower than the average in the BR1 5AD postcode area
  • and 55.4% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 7 May 2013, the property was recorded as owner-occupied.

View sold house prices in BR1 5AD

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£270,000
Price Per sq ft (estimate)
£597
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Milk Street, Bromley, Greater London Authority, BR1 5AD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 May 2013.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to BR1 5AD

6 th / 17
Price Rank
11% lower than average
13 th / 13
Size Rank
40% smaller than average
1 st / 13
Price Per Sq FT Rank
49% higher than average

Compared to other properties in BR1 5AD , this flat's estimated value ranks 6th out of 17. Based on price per square foot, it ranks 1st out of 13 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 13th out of 13 properties in its postcode area.

Sale History

Today
£270,000
streetscan.co.uk estimate
+11 %
19 Sep 2019
£243,000
Leasehold
+38.9 %
22 Aug 2013
£175,000
Leasehold
+4.2 %
6 Jul 2007
£168,000
Leasehold
+26.3 %
6 Nov 2003
£133,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 743 sq ft
sale price: £131,000
sale date: 21 Jun 2007
rooms: 4
size: 710 sq ft
sale price: £277,500
sale date: 29 Apr 2022
rooms: 4
size: 764 sq ft
sale price: £240,000
sale date: 20 Dec 2019
rooms: 5
size: 753 sq ft
sale price: £46,000
sale date: 9 Jun 1995
rooms: 4
size: 811 sq ft
sale price: £196,000
sale date: 31 Oct 2014

Data Sources

The property at 40 Milk Street, Bromley, BR1 5AD appears four times in the Land Registry records, with the latest transaction recorded on 19 Sep 2019. It also has a single Energy Performance Certificate (EPC) from 7 May 2013. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.