Flat 23, Sovereign Court, 16 Magpie Hall Lane, Bromley, BR2 8EH is a leasehold flat built between 1991-1995. The property offers approximately 384 square feet of living space and is situated on the 1st floor of a 2-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £148,699 , which equates to approximately £384 per square foot. It was last sold on 9 Apr 2009 for £80,000. Since then, the value has increased by £68,699, representing a 85.9% increase, or approximately 5.2% per year.

The current estimated value of £148,699 is:

  • 62.1% lower than the average property price on Magpie Hall Lane
  • 53.2% lower than the average in the BR2 8EH postcode area
  • and 75.4% 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 24 April 2009, the property was recorded as owner-occupied.

View sold house prices in BR2 8EH

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
384 sq ft
Tenure
Leasehold
Floor level
1st floor of 2
Price (estimate)
£148,699
Price Per sq ft (estimate)
£384
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, 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 24 Apr 2009.

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 6 Oct 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from very good to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in 20% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to BR2 8EH

42 nd / 42
Price Rank
53% lower than average
36 th / 36
Size Rank
43% smaller than average
34 th / 36
Price Per Sq FT Rank
18% lower than average

Compared to other properties in BR2 8EH , this flat's estimated value ranks 42th out of 42. Based on price per square foot, it ranks 34th 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 36th out of 36 properties in its postcode area.

Sale History

Today
£148,699
streetscan.co.uk estimate
+86 %
9 Apr 2009
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £140,000
sale date: 13 Jun 2022
rooms: 2
size: 420 sq ft
sale price: £113,000
sale date: 24 Apr 2019
rooms: 2
size: 431 sq ft
sale price: £117,000
sale date: 31 Jan 2014
rooms: 3
size: 441 sq ft
sale price: £100,000
sale date: 12 Jul 2002
rooms: 2
size: 398 sq ft
sale price: £160,000
sale date: 8 Jan 2024

Data Sources

The property at Flat 23, Sovereign Court, 16 Magpie Hall Lane, Bromley, Greater London Authority, BR2 8EH appears once in the Land Registry records, with the transaction recorded on 9 Apr 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Apr 2009. 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.


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