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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 147, Lemare Lodge, Bromley is £257,292 and the estimated rental value is £1,827 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 147, Lemare Lodge, Bromley has 21 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated October 2014.
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 147, Lemare Lodge, Bromley is in very good condition we estimate a sale value of £270,157 and a rental value of £1,919 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,282 and a rental value of £1,699 per month.
Over the last 12 months the sale value of Flat 147 Lemare Lodge Bromley has decreased by an estimated £426 (0.2%) and its rental value has increased by an estimated £65 per month (3.6%), giving an expected gross yield of 8.5%.
Flat 147, Lemare Lodge, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 147, Lemare Lodge, Bromley was last sold on 30th July 2015 for £172,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2015, the market for similar properties has risen 37.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 147, Lemare Lodge, Bromley within a radius of 730 metres over the last 2 years.
The most recent example is Flat 197, Lemare Lodge, Fair Acres, Bromley, BR2 9BS, a leasehold flat which sold for £171,500 on the 2nd July 2021.
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 147, Lemare Lodge, Bromley is the 159th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £342k 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.
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