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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
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According to the public record, Flat 101, Lemare Lodge, Bromley is a mid-century leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 101, Lemare Lodge, Bromley is £187,353 and the estimated rental value is £1,227 per month.
The apartment is within Lemare Lodge, Fair Acres, Bromley, BR2.
Fair Acres, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 101, Lemare Lodge, Bromley has 2 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated August 2020.
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.
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 Flat 101, Lemare Lodge, Bromley is in very good condition we estimate a sale value of £196,720 and a rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,238 and a rental value of £1,141 per month.
Over the last 12 months the sale value of Flat 101 Lemare Lodge Bromley has increased by an estimated £832 (0.4%) and its rental value has increased by an estimated £51 per month (4.2%), giving an expected gross yield of 7.9%.
Flat 101, Lemare Lodge, Bromley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 101, Lemare Lodge, Bromley was last sold on 26th November 2021 for £159,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has risen 19.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 101, Lemare Lodge, Bromley within a radius of 730 metres over the last 2 years.
The most recent example is Flat 106, Lemare Lodge, Fair Acres, Bromley, BR2 9BS, a leasehold flat which sold for £205,000 on the 8th July 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fair Acres, Bromley, BR2 has a total of 222 addresses. According to our analysis of all the public data, Flat 101, Lemare Lodge, Bromley is the 213th largest and the 210th most expensive property on the street.
When compared to the postcode district it is £412k less expensive than the average property in BR2.
The nearest school is The Ravensbourne School which is 600 metres away. The nearest train station is Bromley South which is 1.1 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
