Flat 12, Laurel Bank House 15-17
Flat 12, Laurel Bank House 15-17
Description & Estimates
Flat 12, Laurel Bank House 15-17, Bromley is recorded publicly as a modern leasehold apartment across 1,140 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 12, Laurel Bank House 15-17, Bromley is £514,021 and its rental estimate is £2,268 per month, given the available information and assuming reasonable condition.
Laurel Bank House, Bromley Common is a residential building on Bromley Common, Bromley, BR2 and falls within the BR2 postal district and the borough of Bromley.
Our Data Sources
Flat 12, Laurel Bank House 15-17, Bromley has a single entry in the Land Registry from November 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 12, Laurel Bank House 15-17, Bromley, we estimate a market value of £539,722 and a rental value of £2,382 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £478,039 and £2,110 per month respectively.
Recent Market Change
Over the last year, Flat 12, Laurel Bank House 15-17, Bromley has seen its estimated sale value decrease by £770 (0.1%) and its estimated rental value grow by £84 per month (3.7%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 12, 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.
Sold Prices
The most recent sale of Flat 12, Laurel Bank House 15-17, Bromley completed on 26th November 2021 at £530,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.6% over the period since November 2021.
- Sold Nov 2021£530,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 12, Laurel Bank House 15-17, Bromley have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2022, was Flat 2, Laurel Bank House 15-17, Bromley Common, Bromley, BR2 9LS, a leasehold flat which sold for £319,000.
Read more about house prices in BR2.
- Sold Apr 2022£319,000 | 3 Bed FlatLaurel Bank House 15-17, Bromley CommonFlat 2, Laurel Bank House 15-17, Bromley Common, Bromley, BR2 9LS
- Sold Dec 2021£549,995 | 3 Bed FlatLaurel Bank House 15-17, Bromley CommonFlat 1, Laurel Bank House 15-17, Bromley Common, Bromley, BR2 9LS
- Sold Jun 2021£535,000 | 3 Bed FlatLaurel Bank House 15-17, Bromley CommonFlat 7, Laurel Bank House 15-17, Bromley Common, Bromley, BR2 9LS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 169 addresses on Bromley Common, Bromley, BR2, Flat 12, Laurel Bank House 15-17, Bromley comes out as the 76th largest and the 89th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the BR2 district.
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Schools Nearby
- 300mRaglan Primary School
- 900mBickley Primary School
- 900mLa Fontaine Academy
- 500mThe Ravensbourne School
- 1.3kmBullers Wood School for Boys
- 1.9kmBishop Justus CofE School
More reading links
Public Transport Nearby
From Flat 12, Laurel Bank House 15-17, Bromley, the nearest station is Bromley South, 900 metres away.
- 900mBromley South
- 1.3kmBickley
- 1.7kmBromley North
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
