4 Faro Close, Bromley, BR1 2RR is a leasehold flat built between 1967-1975. The property offers approximately 642 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 £294,850 , which equates to approximately £457 per square foot. It was last sold on 7 Dec 2012 for £177,500. Since then, the value has increased by £117,350, representing a 66.1% increase, or approximately 5.1% per year.

The current estimated value of £294,850 is:

  • 26.1% lower than the average property price on Faro Close
  • 26.7% lower than the average in the BR1 2RR postcode area
  • and 51.3% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 29 July 2010, the property was recorded as owner-occupied.

View sold house prices in BR1 2RR

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
642 sq ft
Tenure
Leasehold
Floor level
1st floor of 2
Price (estimate)
£294,850
Price Per sq ft (estimate)
£457
Bedroom Count (estimate)
1 bedroom

EPC Summary

4 Faro Close, Bromley, Greater London Authority, BR1 2RR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Jul 2010.

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 have some secondary glazing.

Heating Type
Boiler and radiators, mains gas
Very Good
Hot Water
From main system
Very Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Some secondary glazing
Poor
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to BR1 2RR

8 th / 12
Price Rank
27% lower than average
5 th / 11
Size Rank
28% smaller than average
8 th / 11
Price Per Sq FT Rank
1% higher than average

Compared to other properties in BR1 2RR , this flat's estimated value ranks 8th out of 12. Based on price per square foot, it ranks 8th out of 11 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 5th out of 11 properties in its postcode area.

Sale History

Today
£294,850
streetscan.co.uk estimate
+66 %
7 Dec 2012
£177,500
Leasehold
+7.6 %
7 Jul 2005
£165,000
Leasehold
+79.3 %
31 Mar 2000
£92,000
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: 2
size: 624 sq ft
sale price: £280,000
sale date: 16 Jun 2021
rooms: 3
size: 657 sq ft
sale price: £280,000
sale date: 31 Jul 2014

Data Sources

The property at 4 Faro Close, Bromley, BR1 2RR appears three times in the Land Registry records, with the latest transaction recorded on 7 Dec 2012. It also has a single Energy Performance Certificate (EPC) from 29 Jul 2010. 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.