Flat 111, Elgar Lodge
Flat 111, Elgar Lodge
Description & Estimates
Public records show Flat 111, Elgar Lodge, Bromley to be a mid-century leasehold apartment with 494 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 111, Elgar Lodge, Bromley has an estimated sale value of £228,252 and an estimated rental value of £1,202 per month, assuming reasonable condition and based on the information available.
The apartment sits within Elgar Lodge, Fair Acres, Bromley, BR2.
Fair Acres, Bromley, BR2 lies in the borough of Bromley, within the BR2 postal district.
Our Data Sources
Flat 111, Elgar Lodge, Bromley has 21 entries in the Land Registry , most recently in October 2010 and a single entry in the EPC database dated March 2010.
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.
Price Range & Condition
In very good condition, we estimate Flat 111, Elgar Lodge, Bromley would be worth £239,665, with a potential rental value of £1,262 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £212,275, with a rental value of £1,118 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 111, Elgar Lodge, Bromley has fallen by £378 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £43 (3.6%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 111, Elgar Lodge, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2010.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 111, Elgar Lodge, Bromley last changed hands on 29th October 2010, selling for £138,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 86.7% since October 2010.
- Sold Oct 2010£138,000
- Sold Aug 2004£105,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 750 metres of Flat 111, Elgar Lodge, Bromley across the last 2 years.
Most recently, Flat 130, Elgar Lodge, Fair Acres, Bromley, BR2 9BP, a leasehold flat, sold at £221,000 on the 16th October 2023.
Read more about house prices in BR2.
- Sold Oct 2023£221,000 | 2 Bed FlatElgar Lodge, Fair AcresFlat 130, Elgar Lodge, Fair Acres, Bromley, BR2 9BP
- Sold Dec 2021£225,000 | 2 Bed FlatElgar Lodge, Fair AcresFlat 114, Elgar Lodge, Fair Acres, Bromley, BR2 9BP
- Sold Jul 2021£114,000 | 2 Bed FlatElgar Lodge, Fair AcresFlat 123, Elgar Lodge, Fair Acres, Bromley, BR2 9BP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 111, Elgar Lodge, Bromley as the 171st largest and the 175th most expensive of the 222 addresses on Fair Acres, Bromley, BR2.
Against the BR2 postcode district average, it is £371k less expensive than the typical property.
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Schools Nearby
- 800mPickhurst Infant Academy
- 800mPickhurst Academy
- 1.2kmSt Mark's Church of England Primary School
- 600mThe Ravensbourne School
- 1.7kmHayes School
- 2.1kmBishop Justus CofE School
More reading links
Public Transport Nearby
Bromley South station is the nearest stop to Flat 111, Elgar Lodge, Bromley at 1.2 kilometres away.
- 1.2kmBromley South
- 1.5kmHayes (Kent)
- 2.0kmShortlands
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
