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By comparing it to neighbours, we estimate that it is a mid-century apartment with 550 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, The Laurels 4, Bromley is £274,344 and the estimated rental value is £1,358 per month.
The apartment is within The Laurels, Durham Road, Bromley, BR2.
Durham Road, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 2, The Laurels 4, Bromley has 21 entries in the Land Registry , most recently in January 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, The Laurels 4, Bromley is in very good condition we estimate a sale value of £288,061 and a rental value of £1,426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,140 and a rental value of £1,263 per month.
Over the last 12 months the sale value of Flat 2 The Laurels 4 Bromley has decreased by an estimated £1,013 (0.4%) and its rental value has increased by an estimated £47 per month (3.5%), giving an expected gross yield of 5.9%.
According to HM Land Registry, Flat 2, The Laurels 4, Bromley was last sold on 10th January 2020 for £236,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2020, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Laurels 4, Bromley within a radius of 460 metres over the last 2 years.
The most recent example is Flat 26, Eccleshill 5, Durham Road, Bromley, BR2 0XT, a leasehold flat which sold for £320,000 on the 17th January 2025.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Bromley, BR2 has a total of 218 addresses. According to our analysis of all the public data, Flat 2, The Laurels 4, Bromley is the 199th largest and the 197th most expensive property on the street.
When compared to the postcode district it is £324k less expensive than the average property in BR2.
The nearest school is St Mark's Church of England Primary School which is 172 metres away. The nearest train station is Bromley South which is 500 metres away.
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