3 Merewood Close

    3, MEREWOOD CLOSE, BROMLEY, BR1 2AN

    This terraced freehold property on Merewood Close last sold in March 2017 for £592,500. Based on price growth in the BR1 district since then, its estimated current value is £689,555 — placing it in the 90th percentile nationally and the 76th percentile within BR1. The property covers 110 m² (1,184 sq ft), giving an estimated value of £6,269 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £592,500

    Mar 2017

    Estimated Valuation

    £689,555

    Est. £/sq ft

    £582/sq ft

    £6,269/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,184 sq ft (110 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2017

    £592,500

    8 Aug 2003

    £295,000

    12 Jun 1998

    £182,000

    24 Apr 1997

    £165,000

    Key Metrics

    Estimated valuation£689,555
    Value per sq ft / m²£582/sq ft (£6,269/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile76th percentile
    National percentile90th percentile

    District Context — BR1

    BR1 covers Bromley town centre and surrounding areas in Greater London's south-east. It is an affluent, established residential district with strong professional employment and family-oriented communities.

    Average Property Price - BR1

    £536,484

    84

    National percentile

    Average Net Household Income - BR1

    £55,816

    96

    National percentile

    10-Year Annualised Price Growth - BR1

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - BR

    3.4%

    21

    National percentile

    View full analysis for BR1

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