Flat 122, Elgar Lodge
Flat 122, Elgar Lodge
Description & Estimates
According to the public record, Flat 122, Elgar Lodge, Bromley is a mid-century leasehold apartment with 490 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 122, Elgar Lodge, Bromley is £226,514 and the estimated rental value is £1,193 per month.
The apartment is within Elgar Lodge, Fair Acres, Bromley, BR2.
Fair Acres, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Our Data Sources
Flat 122, Elgar Lodge, Bromley has 2 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated April 2009.
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
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 122, Elgar Lodge, Bromley is in very good condition we estimate a sale value of £237,839 and a rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,658 and a rental value of £1,110 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 122, Elgar Lodge, Bromley has dropped by £375 (0.2%), while its estimated rental value has risen by £43 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 122, Elgar Lodge, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 122, Elgar Lodge, Bromley was last sold on 19th March 2015 for £182,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2015, the market for similar properties has risen by 43.1%.
- Sold Mar 2015£182,500
- Sold Nov 2009£137,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 122, Elgar Lodge, Bromley within a radius of 750 metres over the last 2 years.
The most recent example is Flat 130, Elgar Lodge, Fair Acres, Bromley, BR2 9BP, a leasehold flat which sold for £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.
More reading links
Location Comparison
Fair Acres, Bromley, BR2 has a total of 222 addresses. According to our analysis of all the public data, Flat 122, Elgar Lodge, Bromley is the 172nd largest and the 176th most expensive property on the street.
When compared to the postcode district it is £373k less expensive than the average property in BR2.
More reading links
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
The closest station to Flat 122, Elgar Lodge, Bromley is Bromley South station, which is 1.2 kilometres away.
- 1.2kmBromley South
- 1.5kmHayes (Kent)
- 2.0kmShortlands
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
