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According to the public record, Flat 9, Laurel Bank House 15-17, Bromley is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, Laurel Bank House 15-17, Bromley is £264,078 and the estimated rental value is £1,166 per month.
The apartment is within Laurel Bank House, Bromley Common, Bromley, BR2.
Bromley Common, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 9, Laurel Bank House 15-17, Bromley has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
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 9, Laurel Bank House 15-17, Bromley is in very good condition we estimate a sale value of £277,282 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,592 and a rental value of £1,084 per month.
Over the last 12 months the sale value of Flat 9 Laurel Bank House 15-17 Bromley has increased by an estimated £1,295 (0.5%) and its rental value has increased by an estimated £50 per month (4.3%), giving an expected gross yield of 5.3%.
Flat 9, Laurel Bank House 15-17, Bromley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 9, Laurel Bank House 15-17, Bromley was last sold on 28th June 2021 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has risen 167.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Laurel Bank House 15-17, Bromley within a radius of 480 metres over the last 2 years.
The most recent example is 9B, Homesdale Road, Bromley, BR2 9JQ, a leasehold flat which sold for £255,000 on the 12th April 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley Common, Bromley, BR2 has a total of 169 addresses. According to our analysis of all the public data, Flat 9, Laurel Bank House 15-17, Bromley is the 167th largest and the 158th most expensive property on the street.
When compared to the postcode district it is £335k less expensive than the average property in BR2.
The nearest school is Raglan Primary School which is 300 metres away. The nearest train station is Bromley South which is 900 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
