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In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 95, Elgar Lodge, Bromley has an estimated sale value of £170,351 and an estimated rental value of £873 per month, assuming reasonable condition and based on the information available.
The apartment sits within Elgar Lodge, Fair Acres, Bromley, BR2.
Fair Acres, Bromley, BR2 lies in the borough of Bromley, within the BR2 postal district.
Flat 95, Elgar Lodge, Bromley has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
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.
In very good condition, we estimate Flat 95, Elgar Lodge, Bromley would be worth £178,869, with a potential rental value of £917 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £158,427, with a rental value of £812 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 95, Elgar Lodge, Bromley has grown by £756 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (4.2%). The property's estimated gross yield is currently 6.1%.
Flat 95, Elgar Lodge, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 750 metres of Flat 95, Elgar Lodge, Bromley across the last 2 years.
Most recently, Flat 106, Lemare Lodge, Fair Acres, Bromley, BR2 9BS, a leasehold flat, sold at £205,000 on the 8th July 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 95, Elgar Lodge, Bromley as the 216th largest and the 218th most expensive of the 222 addresses on Fair Acres, Bromley, BR2.
Against the BR2 postcode district average, it is £429k less expensive than the typical property.
Bromley South station is the nearest stop to Flat 95, Elgar Lodge, Bromley at 1.2 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 95, Elgar Lodge, Bromley, 41.6% of property is privately rented and 32.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 95, Elgar Lodge, Bromley, 14.9% of residents are recorded as possessing school level qualifications and 48.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 95, Elgar Lodge, Bromley, the average age was 38.4 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 95, Elgar Lodge, Bromley, 0.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 95, Elgar Lodge, Bromley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.