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According to the public record, Flat 152, Lemare Lodge, Bromley is a mid-century leasehold apartment with 516 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 152, Lemare Lodge, Bromley is £260,423 and the estimated rental value is £1,853 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 152, Lemare Lodge, Bromley has 21 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated June 2019.
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 152, Lemare Lodge, Bromley is in very good condition we estimate a sale value of £273,444 and a rental value of £1,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,193 and a rental value of £1,723 per month.
Over the last 12 months the sale value of Flat 152 Lemare Lodge Bromley has decreased by an estimated £431 (0.2%) and its rental value has increased by an estimated £66 per month (3.6%), giving an expected gross yield of 8.5%.
Flat 152, Lemare Lodge, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 152, Lemare Lodge, Bromley was last sold on 7th April 2010 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2010, the market for similar properties has risen 91.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 152, 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 152, Lemare Lodge, Bromley is the 155th largest and the 146th most expensive property on the street.
When compared to the postcode district it is £339k 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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