According to the public record, Flat 2, Lambourn House 12, Bromley is a modern leasehold apartment with 1,173 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lambourn House, Holmbury Park, Bromley, BR1.
Holmbury Park, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
Flat 2, Lambourn House 12, Bromley has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated May 2019.
We combine this information with that 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 2 Lambourn House 12 Bromley as £453,927 and the rental value as £2,022 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 2 Lambourn House 12 Bromley has decreased by £4,401 (1.0%) and its rental value has increased by £45 per month (2.2%).
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, Lambourn House 12, Bromley is in very good condition we estimate a sale value of £476,623 and rental value of £2,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,152 and a rental value of £1,880 per month.
If you were able to purchase this property for the estimated value of £453,927, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,231 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 2, Lambourn House 12, Bromley was last sold on 29 Feb 2024 for £445,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Lambourn House 12, Bromley within a radius of 860 metres over the last 2 years.
The most recent example is Flat 5, Clevedon House 10, Holmbury Park, Bromley, BR1 2WG, a Leasehold flat which sold for £460,000 in Nov 2023.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmbury Park, Bromley, BR1 has a total of 50 addresses. According to our analysis of all the public data, Flat 2, Lambourn House 12, Bromley is the 36th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in BR1.
Flat 2, Lambourn House 12, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, Lambourn House 12, Bromley is Elmstead Woods station which is 500 metres 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 2, Lambourn House 12, Bromley, 51.1% of property is socially rented and 21.3% is privately owned outright.
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 2, Lambourn House 12, Bromley, 17.6% of residents are recorded as possessing school level qualifications and 38.0% 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 2, Lambourn House 12, Bromley, the average age was 40.1 and the most common age was 52.
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 2, Lambourn House 12, Bromley, 1.7% 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 2, Lambourn House 12, Bromley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.