Flat 12, Sovereign Court, 16 Magpie Hall Lane, Bromley, BR2 8EH is a leasehold flat built between 1983-1990. The property offers approximately 398 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £142,566 , which equates to approximately £358 per square foot. It was last sold on 13 Jun 2022 for £140,000. Since then, the value has increased by £2,566, representing a 1.8% increase, or approximately 0.5% per year.

The current estimated value of £142,566 is:

  • 63.6% lower than the average property price on Magpie Hall Lane
  • 55.2% lower than the average in the BR2 8EH postcode area
  • and 76.4% lower than the average price for Bromley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 17 September 2020, the property was recorded as owner-occupied.

View sold house prices in BR2 8EH

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£142,566
Price Per sq ft (estimate)
£358
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 12, Sovereign Court, 16 Magpie Hall Lane, Bromley, Greater London Authority, BR2 8EH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Sep 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Sep 2020, and the property received the same rating of C with an unchanged energy efficiency score of 69.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BR2 8EH

37 th / 42
Price Rank
55% lower than average
35 th / 36
Size Rank
42% smaller than average
21 st / 36
Price Per Sq FT Rank
23% lower than average

Compared to other properties in BR2 8EH , this flat's estimated value ranks 37th out of 42. Based on price per square foot, it ranks 21th out of 36 properties. In terms of size, this home ranks 35th out of 36 properties in its postcode area.

Sale History

Today
£142,566
streetscan.co.uk estimate
+2 %
13 Jun 2022
£140,000
Leasehold
+6.1 %
24 Nov 2015
£132,000
Leasehold
+1.6 %
4 Jul 2008
£129,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 452 sq ft
sale price: £230,000
sale date: 1 Jun 2022
rooms: 3
size: 452 sq ft
sale price: £245,000
sale date: 29 Jun 2021
rooms: 2
size: 420 sq ft
sale price: £113,000
sale date: 24 Apr 2019
rooms: 3
size: 452 sq ft
sale price: £172,500
sale date: 12 Jul 2017
rooms: 2
size: 431 sq ft
sale price: £117,000
sale date: 31 Jan 2014

Data Sources

The property at Flat 12, Sovereign Court, 16 Magpie Hall Lane, Bromley, BR2 8EH appears three times in the Land Registry records, with the latest transaction recorded on 13 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Sep 2020. 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.