16 Nichol Lane

    16, NICHOL LANE, BROMLEY, BROMLEY, BR1 4DE

    This flat/maisonette leasehold property on Nichol Lane last sold in June 2004 for £115,000. Based on price growth in the BR1 district since then, its estimated current value is £244,359 — placing it in the 36th percentile nationally and the 4th percentile within BR1. The property covers 35 m² (377 sq ft), giving an estimated value of £6,982 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £115,000

    Jun 2004

    Estimated Valuation

    £244,359

    Est. £/sq ft

    £649/sq ft

    £6,982/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area377 sq ft (35 m²)
    EPC dateOct 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jun 2004

    £115,000

    5 Sept 2002

    £84,950

    21 Nov 1997

    £36,000

    Key Metrics

    Estimated valuation£244,359
    Value per sq ft / m²£649/sq ft (£6,982/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile4th percentile
    National percentile36th percentile

    District Context — BR1

    BR1 covers Bromley town centre and surrounding areas in Greater London's south-east. It is an affluent, established residential district with strong professional employment and family-oriented communities.

    Average Property Price - BR1

    £536,484

    84

    National percentile

    Average Net Household Income - BR1

    £55,816

    96

    National percentile

    10-Year Annualised Price Growth - BR1

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - BR

    3.4%

    21

    National percentile

    View full analysis for BR1

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