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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
Public records show Flat 1, Laurel Bank House 15-17, Bromley to be a modern leasehold apartment with 1,130 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 1, Laurel Bank House 15-17, Bromley has an estimated sale value of £511,023 and an estimated rental value of £2,255 per month, assuming reasonable condition and based on the information available.
The apartment sits within Laurel Bank House, Bromley Common, Bromley, BR2.
Bromley Common, Bromley, BR2 lies in the borough of Bromley, within the BR2 postal district.
Flat 1, Laurel Bank House 15-17, Bromley has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 1, Laurel Bank House 15-17, Bromley would be worth £536,574, with a potential rental value of £2,368 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £475,252, with a rental value of £2,097 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, Laurel Bank House 15-17, Bromley has moved down by £766 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £83 (3.7%). The property's estimated gross yield is currently 5.3%.
Flat 1, Laurel Bank House 15-17, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Flat 1, Laurel Bank House 15-17, Bromley last changed hands on 1st December 2021, selling for £549,995. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 27.1% since December 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 1, Laurel Bank House 15-17, Bromley across the last 2 years.
Most recently, Flat 2, Laurel Bank House 15-17, Bromley Common, Bromley, BR2 9LS, a leasehold flat, sold at £319,000 on the 28th April 2022.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, Laurel Bank House 15-17, Bromley as the 79th largest and the 91st most expensive of the 169 addresses on Bromley Common, Bromley, BR2.
Against the BR2 postcode district average, it is £88k less expensive than the typical property.
Bromley South station is the nearest stop to Flat 1, Laurel Bank House 15-17, Bromley at 900 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Laurel Bank House 15-17, Bromley, 33.6% of property is privately rented and 26.2% is privately owned with a mortgage.
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 1, Laurel Bank House 15-17, Bromley, 23.7% of residents are recorded as possessing school level qualifications and 46.7% 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 1, Laurel Bank House 15-17, Bromley, the average age was 39.3 and the most common age was 37.
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 1, Laurel Bank House 15-17, 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 1, Laurel Bank House 15-17, Bromley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
