5 Faro Close, Bromley, BR1 2RR is a leasehold flat built between 1950-1966. The property offers approximately 581 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 £328,042 , which equates to approximately £564 per square foot. It was last sold on 26 Jul 2024 for £310,000. Since then, the value has increased by £18,042, representing a 5.8% increase, or approximately 4.3% per year.

The current estimated value of £328,042 is:

  • 17.8% lower than the average property price on Faro Close
  • 18.5% lower than the average in the BR1 2RR postcode area
  • and 45.8% lower than the average price for Bromley as a whole

View sold house prices in BR1 2RR

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£328,042
Price Per sq ft (estimate)
£564
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 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 9 Oct 2015.

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 double glazed.

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 double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to BR1 2RR

5 th / 12
Price Rank
19% lower than average
11 th / 11
Size Rank
35% smaller than average
2 nd / 11
Price Per Sq FT Rank
25% higher than average

Compared to other properties in BR1 2RR , this flat's estimated value ranks 5th out of 12. Based on price per square foot, it ranks 2nd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 11th out of 11 properties in its postcode area.

Sale History

Today
£328,042
streetscan.co.uk estimate
+6 %
26 Jul 2024
£310,000
Leasehold
+12.7 %
18 Jun 2021
£275,000
Leasehold
+71.9 %
27 Aug 2003
£159,950
Leasehold
+38.5 %
29 Nov 2001
£115,500
Leasehold
+131 %
16 Feb 2001
£50,000
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: 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
rooms: 3
size: 635 sq ft
sale price: £177,500
sale date: 4 Jul 2013

Data Sources

The property at 5 Faro Close, Bromley, BR1 2RR appears five times in the Land Registry records, with the latest transaction recorded on 26 Jul 2024. It also has a single Energy Performance Certificate (EPC) from 9 Oct 2015. 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.