1 Faro Close, Bromley, BR1 2RR is a leasehold flat built between 1950-1966. The property offers approximately 635 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £303,900 , which equates to approximately £479 per square foot. It was last sold on 24 Apr 2024 for £280,500. Since then, the value has increased by £23,400, representing a 8.3% increase, or approximately 5.1% per year.

The current estimated value of £303,900 is:

  • 23.8% lower than the average property price on Faro Close
  • 24.5% lower than the average in the BR1 2RR postcode area
  • and 49.8% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 1 September 2021, the property was recorded as rented.

View sold house prices in BR1 2RR

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
635 sq ft
Tenure
Leasehold
Price (estimate)
£303,900
Price Per sq ft (estimate)
£479
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Faro Close, Bromley, Greater London, BR1 2RR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Sep 2021.

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 triple glazed.

The previous EPC assessment was conducted on 6 Aug 2009. The rating of D remains the same, but the energy efficiency score improved by 11.5%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to fully triple glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BR1 2RR

7 th / 12
Price Rank
25% lower than average
7 th / 11
Size Rank
29% smaller than average
6 th / 11
Price Per Sq FT Rank
6% higher than average

Compared to other properties in BR1 2RR , this flat's estimated value ranks 7th out of 12. Based on price per square foot, it ranks 6th out of 11 properties. In terms of size, this home ranks 7th out of 11 properties in its postcode area.

Sale History

Today
£303,900
streetscan.co.uk estimate
+8 %
24 Apr 2024
£280,500
Leasehold
+40.3 %
19 Jan 2018
£200,000
Leasehold
+323.3 %
15 Jun 1995
£47,250
Leasehold

Area Insights

Similar Properties Sold Nearby

15 Faro Close, Bromley, BR1 2RR
rooms: 3
size: 646 sq ft
sale price: £340,000
sale date: 14 Nov 2024
5 Faro Close, Bromley, BR1 2RR
rooms: 2
size: 581 sq ft
sale price: £310,000
sale date: 26 Jul 2024
2 Faro Close, Bromley, BR1 2RR
rooms: 2
size: 624 sq ft
sale price: £280,000
sale date: 16 Jun 2021
13 Faro Close, Bromley, BR1 2RR
rooms: 3
size: 657 sq ft
sale price: £280,000
sale date: 31 Jul 2014
12 Faro Close, Bromley, BR1 2RR
rooms: 3
size: 635 sq ft
sale price: £177,500
sale date: 4 Jul 2013

Data Sources

The property at 1 Faro Close, Bromley, BR1 2RR appears three times in the Land Registry records, with the latest transaction recorded on 24 Apr 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Sep 2021. 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.
↑