Flat 14, Laurel Bank House 15-17
Flat 14, Laurel Bank House 15-17
Description & Estimates
Public records show Flat 14, Laurel Bank House 15-17, Bromley to be a modern leasehold apartment with 1,323 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 14, Laurel Bank House 15-17, Bromley has an estimated sale value of £563,411 and an estimated rental value of £2,486 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.
Our Data Sources
Flat 14, Laurel Bank House 15-17, Bromley has a single entry in the Land Registry from September 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
In very good condition, we estimate Flat 14, Laurel Bank House 15-17, Bromley would be worth £591,581, with a potential rental value of £2,611 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £523,972, with a rental value of £2,312 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 14, Laurel Bank House 15-17, Bromley has moved down by £845 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £92 (3.7%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
Flat 14, 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
Flat 14, Laurel Bank House 15-17, Bromley last changed hands on 2nd September 2021, selling for £570,000. 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 28.7% since September 2021.
- Sold Sep 2021£570,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 14, 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.
- 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 Jun 2021£423,200 | 3 Bed FlatLaurel Bank House 15-17, Bromley CommonFlat 8, 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
Our analysis of the public data ranks Flat 14, Laurel Bank House 15-17, Bromley as the 68th largest and the 81st most expensive of the 169 addresses on Bromley Common, Bromley, BR2.
Against the BR2 postcode district average, it is £36k less expensive than the typical property.
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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
Bromley South station is the nearest stop to Flat 14, Laurel Bank House 15-17, Bromley at 900 metres away.
- 900mBromley South
- 1.3kmBickley
- 1.7kmBromley North
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
