2 Nichol Lane, Bromley, BR1 4DE is a leasehold flat built between 1991-1995. The property offers approximately 624 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £272,894 , which equates to approximately £437 per square foot. It was last sold on 28 Oct 2004 for £149,000. Since then, the value has increased by £123,894, representing a 83.2% increase, or approximately 3.9% per year.

The current estimated value of £272,894 is:

  • 31.0% lower than the average property price on Nichol Lane
  • 28.3% lower than the average in the BR1 4DE postcode area
  • and 54.9% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 14 June 2023, the property was recorded as rented.

View sold house prices in BR1 4DE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£272,894
Price Per sq ft (estimate)
£437
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Nichol Lane, Bromley, Greater London, BR1 4DE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Jun 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Feb 2011. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, with internal insulation, improving energy efficiency from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, with internal insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BR1 4DE

16 th / 21
Price Rank
28% lower than average
15 th / 16
Size Rank
22% smaller than average
14 th / 16
Price Per Sq FT Rank
8% lower than average

Compared to other properties in BR1 4DE , this flat's estimated value ranks 16th out of 21. Based on price per square foot, it ranks 14th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 16 properties in its postcode area.

Sale History

Today
£272,894
streetscan.co.uk estimate
+83 %
28 Oct 2004
£149,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 667 sq ft
sale price: £215,000
sale date: 20 Jun 2014
rooms: 4
size: 667 sq ft
sale price: £42,000
sale date: 28 Feb 1995
rooms: 5
size: 689 sq ft
sale price: £272,000
sale date: 17 Mar 2017
rooms: 4
size: 689 sq ft
sale price: £160,000
sale date: 4 May 2007
rooms: 2
size: 377 sq ft
sale price: £115,000
sale date: 18 Jun 2004

Data Sources

The property at 2 Nichol Lane, Bromley, Greater London, BR1 4DE appears once in the Land Registry records, with the transaction recorded on 28 Oct 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jun 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.