Flat 172, Elgar Lodge
Flat 172, Elgar Lodge
Description & Estimates
Flat 172, Elgar Lodge, Bromley is described in the public record as a mid-century apartment with 477 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 172, Elgar Lodge, Bromley is £224,783 and its rental estimate is £1,186 per month, given the available information and assuming reasonable condition.
Elgar Lodge, Fair Acres is a residential building on Fair Acres, Bromley, BR2 and falls within the BR2 postal district and the borough of Bromley.
Our Data Sources
Flat 172, Elgar Lodge, Bromley has no records in the the Land Registry and a single entry in the EPC database dated March 2011.
We combine this information with public data 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 172, Elgar Lodge, Bromley, we estimate a market value of £236,022 and a rental value of £1,245 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,048 and £1,103 per month respectively.
Recent Market Change
Over the last year, Flat 172, Elgar Lodge, Bromley has seen its estimated sale value drop by £372 (0.2%) and its estimated rental value rise by £42 per month (3.6%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 172, Elgar Lodge, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2011.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 172, Elgar Lodge, Bromley have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2023, was Flat 130, Elgar Lodge, Fair Acres, Bromley, BR2 9BP, a leasehold flat which sold for £221,000.
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.
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Location Comparison
Of the 222 addresses on Fair Acres, Bromley, BR2, Flat 172, Elgar Lodge, Bromley comes out as the 179th largest and the 177th most expensive in our analysis of the public data.
It is also £374k less expensive than the average property across the BR2 district.
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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
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Public Transport Nearby
From Flat 172, Elgar Lodge, Bromley, the nearest station is Bromley South, 1.2 kilometres away.
- 1.2kmBromley South
- 1.5kmHayes (Kent)
- 2.0kmShortlands
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
