2 Faro Close, Bromley, BR1 2RR is a leasehold flat built between 1976-1982. The property offers approximately 624 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 £295,671 , which equates to approximately £474 per square foot. It was last sold on 16 Jun 2021 for £280,000. Since then, the value has increased by £15,671, representing a 5.6% increase, or approximately 1.2% per year.

The current estimated value of £295,671 is:

  • 25.9% lower than the average property price on Faro Close
  • 26.5% lower than the average in the BR1 2RR postcode area
  • and 51.1% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 17 October 2012, the property was recorded as owner-occupied.

View sold house prices in BR1 2RR

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£295,671
Price Per sq ft (estimate)
£474
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Faro Close, Bromley, Greater London Authority, BR1 2RR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Oct 2012.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to BR1 2RR

9 th / 12
Price Rank
27% lower than average
9 th / 11
Size Rank
30% smaller than average
7 th / 11
Price Per Sq FT Rank
5% higher than average

Compared to other properties in BR1 2RR , this flat's estimated value ranks 9th out of 12. Based on price per square foot, it ranks 7th out of 11 properties. In terms of size, this home ranks 9th out of 11 properties in its postcode area.

Sale History

Today
£295,671
streetscan.co.uk estimate
+6 %
16 Jun 2021
£280,000
Leasehold
+61.1 %
10 Jun 2013
£173,800
Leasehold
+19.9 %
7 May 2004
£145,000
Leasehold
+93.3 %
13 Aug 1999
£75,000
Leasehold
+22 %
26 Mar 1999
£61,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £340,000
sale date: 14 Nov 2024
rooms: 2
size: 581 sq ft
sale price: £310,000
sale date: 26 Jul 2024
rooms: 2
size: 635 sq ft
sale price: £280,500
sale date: 24 Apr 2024
rooms: 3
size: 657 sq ft
sale price: £280,000
sale date: 31 Jul 2014
rooms: 3
size: 635 sq ft
sale price: £177,500
sale date: 4 Jul 2013

Data Sources

The property at 2 Faro Close, Bromley, BR1 2RR appears five times in the Land Registry records, with the latest transaction recorded on 16 Jun 2021. It also has a single Energy Performance Certificate (EPC) from 17 Oct 2012. 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.