According to the public record, Flat 109, Lemare Lodge, Bromley is a mid-century apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Lemare Lodge, Fair Acres, Bromley, BR2.
Fair Acres, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 109, Lemare Lodge, Bromley has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 109 Lemare Lodge Bromley as £161,184 and the rental value as £802 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 109 Lemare Lodge Bromley has decreased by £177 (0.1%) and its rental value has increased by £35 per month (4.3%).
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 109, Lemare Lodge, Bromley is in very good condition we estimate a sale value of £169,243 and rental value of £843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,901 and a rental value of £746 per month.
If you were able to purchase this property for the estimated value of £161,184, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £792 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 109, Lemare Lodge, Bromley was last sold on 21 Feb 2002 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 109, Lemare Lodge, Bromley within a radius of 730 metres over the last 2 years.
The most recent example is Flat 101, Lemare Lodge, Fair Acres, Bromley, BR2 9BS, a Leasehold flat which sold for £159,000 in Nov 2021.
Read more about house prices in BR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fair Acres, Bromley, BR2 has a total of 222 addresses. According to our analysis of all the public data, Flat 109, Lemare Lodge, Bromley is the 222nd largest and the 221st most expensive property on the street.
When compared to the postcode district it is £422k less expensive than the average property in BR2.
Flat 109, Lemare Lodge, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 109, Lemare Lodge, Bromley is Bromley South station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 109, Lemare 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 109, Lemare 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 109, Lemare 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 109, Lemare 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 109, Lemare 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.