Flat 162, Elgar Lodge Fair Acres, Bromley, BR2 9BP is a leasehold flat built between 1950-1966. The property offers approximately 753 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £303,030 , which equates to approximately £402 per square foot. It was last sold on 12 Feb 2016 for £260,000. Since then, the value has increased by £43,030, representing a 16.6% increase, or approximately 1.7% per year.

The current estimated value of £303,030 is:

  • 16.6% higher than the average property price on Fair Acres
  • 40.9% higher than the average in the BR2 9BP postcode area
  • and 49.9% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 25 October 2023, the property was recorded as owner-occupied.

View sold house prices in BR2 9BP

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£303,030
Price Per sq ft (estimate)
£402
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 162, Elgar Lodge Fair Acres, Bromley, Greater London, BR2 9BP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Oct 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 7 Apr 2010. The rating of D remains the same, but the energy efficiency score improved by 6.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, limited insulation (assumed) to flat, no insulation (assumed), with no change in energy efficiency (very poor).
  • 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 changed from low energy lighting in 60% of fixed outlets to low energy lighting in 50% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to BR2 9BP

6 th / 41
Price Rank
41% higher than average
5 th / 36
Size Rank
45% bigger than average
29 th / 36
Price Per Sq FT Rank
3% lower than average

Compared to other properties in BR2 9BP , this flat's estimated value ranks 6th out of 41. Based on price per square foot, it ranks 29th out of 36 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 5th out of 36 properties in its postcode area.

Sale History

Today
£303,030
streetscan.co.uk estimate
+17 %
12 Feb 2016
£260,000
Leasehold
+36.8 %
19 Feb 2014
£190,000
Leasehold
+47.3 %
25 Oct 2002
£129,000
Leasehold
+115 %
18 Nov 1997
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £320,000
sale date: 12 Sep 2022
rooms: 3
size: 753 sq ft
sale price: £300,000
sale date: 19 Oct 2021
rooms: 3
size: 743 sq ft
sale price: £285,500
sale date: 20 Sep 2019
rooms: 3
size: 764 sq ft
sale price: £170,000
sale date: 20 Dec 2018
rooms: 3
size: 764 sq ft
sale price: £162,750
sale date: 13 Sep 2018

Data Sources

The property at Flat 162, Elgar Lodge Fair Acres, Bromley, BR2 9BP appears four times in the Land Registry records, with the latest transaction recorded on 12 Feb 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Oct 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.