Flat 4, 14 Lake Avenue

    FLAT 4, 14, LAKE AVENUE, BROMLEY, BR1 4EN

    This flat/maisonette leasehold property on Lake Avenue last sold in October 2022 for £252,000. Based on price growth in the BR1 district since then, its estimated current value is £253,915 — placing it in the 38th percentile nationally and the 5th percentile within BR1. The property covers 57 m² (614 sq ft), giving an estimated value of £4,455 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £252,000

    Oct 2022

    Estimated Valuation

    £253,915

    Est. £/sq ft

    £414/sq ft

    £4,455/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateOct 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Oct 2022

    £252,000

    Key Metrics

    Estimated valuation£253,915
    Value per sq ft / m²£414/sq ft (£4,455/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile5th percentile
    National percentile38th 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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