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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Lancaster Close, Bromley is £410,461 and the estimated rental value is £1,801 per month.
The apartment is within 16, Lancaster Close, Bromley, BR2.
Lancaster Close, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
16, Lancaster Close, Bromley has 2 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 16, Lancaster Close, Bromley is in very good condition we estimate a sale value of £430,984 and a rental value of £1,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,729 and a rental value of £1,675 per month.
Over the last 12 months the sale value of 16 Lancaster Close Bromley has decreased by an estimated £1,516 (0.4%) and its rental value has increased by an estimated £62 per month (3.5%), giving an expected gross yield of 5.3%.
16, Lancaster Close, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Lancaster Close, Bromley was last sold on 6th September 2013 for £315,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2013, the market for similar properties has risen 57.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lancaster Close, Bromley within a radius of 550 metres over the last 2 years.
The most recent example is Flat 26, Florida Court 76, Westmoreland Road, Bromley, BR2 0TR, a leasehold flat which sold for £365,000 on the 19th May 2025.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Close, Bromley, BR2 has a total of 25 addresses. According to our analysis of all the public data, 16, Lancaster Close, Bromley is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in BR2.
The nearest school is Highfield Infants' School which is 249 metres away. The nearest train station is Bromley South which is 900 metres away.
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