Flat 177, Elgar Lodge
Flat 177, Elgar Lodge
Description & Estimates
Flat 177, Elgar Lodge, Bromley is recorded publicly as a mid-century leasehold apartment across 515 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 177, Elgar Lodge, Bromley is £233,593 and its rental estimate is £1,227 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 177, Elgar Lodge, Bromley has a single entry in the Land Registry from June 2012 and a single entry in the EPC database dated February 2011.
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
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 177, Elgar Lodge, Bromley, we estimate a market value of £245,273 and a rental value of £1,288 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,242 and £1,141 per month respectively.
Recent Market Change
Over the last year, Flat 177, Elgar Lodge, Bromley has seen its estimated sale value decline by £387 (0.2%) and its estimated rental value climb by £44 per month (3.6%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 177, Elgar Lodge, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2011.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 177, Elgar Lodge, Bromley completed on 29th June 2012 at £124,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 86.8% over the period since June 2012.
- Sold Jun 2012£124,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 177, 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 Aug 2022£220,000 | 2 Bed FlatElgar Lodge, Fair AcresFlat 169, 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
•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 177, Elgar Lodge, Bromley comes out as the 156th largest and the 168th most expensive in our analysis of the public data.
It is also £366k 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
More reading links
Public Transport Nearby
From Flat 177, 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.
