According to the public record, Flat 47, Vaughan Lodge, Bromley is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Vaughan Lodge, Fair Acres, Bromley, BR2.
Fair Acres, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 47, Vaughan Lodge, Bromley has 21 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated October 2014.
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 47 Vaughan Lodge Bromley as £295,379 and the rental value as £1,488 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 47 Vaughan Lodge Bromley has increased by £1,852 (0.6%) and its rental value has increased by £76 per month (5.1%).
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 47, Vaughan Lodge, Bromley is in very good condition we estimate a sale value of £310,148 and rental value of £1,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,702 and a rental value of £1,384 per month.
If you were able to purchase this property for the estimated value of £295,379, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,452 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 47, Vaughan Lodge, Bromley was last sold on 09 Jun 2022 for £318,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 47, Vaughan Lodge, Bromley within a radius of 720 metres over the last 2 years.
The most recent example is Flat 90, Holst Lodge, Fair Acres, Bromley, BR2 9BW, a Leasehold flat which sold for £330,000 in May 2024.
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 47, Vaughan Lodge, Bromley is the 30th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in BR2.
Flat 47, Vaughan Lodge, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 47, Vaughan Lodge, Bromley is Bromley South station which is 1.2 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 47, Vaughan Lodge, Bromley, 33.9% of property is privately owned with a mortgage and 33.9% is privately rented.
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 47, Vaughan Lodge, Bromley, 16.9% of residents are recorded as possessing school level qualifications and 45.5% 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 47, Vaughan 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 47, Vaughan Lodge, Bromley, 0.0% 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 47, Vaughan 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.