Flat 161, Elgar Lodge Fair Acres, Bromley, BR2 9BP is a leasehold flat built between 1967-1975. The property offers approximately 495 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £222,349 , which equates to approximately £449 per square foot. It was last sold on 26 Jun 2019 for £195,000. Since then, the value has increased by £27,349, representing a 14.0% increase, or approximately 2.2% per year.

The current estimated value of £222,349 is:

  • 14.5% lower than the average property price on Fair Acres
  • 3.4% higher than the average in the BR2 9BP postcode area
  • and 63.3% lower than the average price for Bromley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 7 December 2022, the property was recorded as rented.

View sold house prices in BR2 9BP

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£222,349
Price Per sq ft (estimate)
£449
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 161, Elgar Lodge Fair Acres, Bromley, Greater London, BR2 9BP has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 7 Dec 2022.

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 20 Apr 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 12.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to BR2 9BP

19 th / 41
Price Rank
3% higher than average
18 th / 36
Size Rank
5% smaller than average
16 th / 36
Price Per Sq FT Rank
8% higher than average

Compared to other properties in BR2 9BP , this flat's estimated value ranks 19th out of 41. Based on price per square foot, it ranks 16th out of 36 properties. In terms of size, this home ranks 18th out of 36 properties in its postcode area.

Sale History

Today
£222,349
streetscan.co.uk estimate
+14 %
26 Jun 2019
£195,000
Leasehold
+78.9 %
9 Apr 2003
£109,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £221,000
sale date: 16 Oct 2023
rooms: 2
size: 549 sq ft
sale price: £220,000
sale date: 31 Aug 2022
rooms: 2
size: 506 sq ft
sale price: £225,000
sale date: 22 Dec 2021
rooms: 2
size: 431 sq ft
sale price: £114,000
sale date: 26 Jul 2021
rooms: 2
size: 506 sq ft
sale price: £200,000
sale date: 5 Oct 2017

Data Sources

The property at Flat 161, Elgar Lodge Fair Acres, Bromley, BR2 9BP appears two times in the Land Registry records, with the latest transaction recorded on 26 Jun 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Dec 2022. 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.