8 Faro Close, Bromley, BR1 2RR is a leasehold flat built between 1983-1990. The property offers approximately 646 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £283,364 , which equates to approximately £439 per square foot. It was last sold on 27 May 2005 for £155,000. Since then, the value has increased by £128,364, representing a 82.8% increase, or approximately 4.0% per year.

The current estimated value of £283,364 is:

  • 29.0% lower than the average property price on Faro Close
  • 29.6% lower than the average in the BR1 2RR postcode area
  • and 53.2% lower than the average price for Bromley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 February 2024, the property was recorded as owner-occupied.

View sold house prices in BR1 2RR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£283,364
Price Per sq ft (estimate)
£439
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 Faro Close, Bromley, Greater London, BR1 2RR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Feb 2024.

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 3 Feb 2024, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 20.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The windows were upgraded from fully double glazed to fully triple glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BR1 2RR

11 th / 12
Price Rank
30% lower than average
6 th / 11
Size Rank
28% smaller than average
10 th / 11
Price Per Sq FT Rank
3% lower than average

Compared to other properties in BR1 2RR , this flat's estimated value ranks 11th out of 12. Based on price per square foot, it ranks 10th 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 6th out of 11 properties in its postcode area.

Sale History

Today
£283,364
streetscan.co.uk estimate
+83 %
27 May 2005
£155,000
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: 3
size: 743 sq ft
sale price: £130,000
sale date: 9 Aug 2023
rooms: 2
size: 624 sq ft
sale price: £280,000
sale date: 16 Jun 2021

Data Sources

The property at 8 Faro Close, Bromley, Greater London, BR1 2RR appears once in the Land Registry records, with the transaction recorded on 27 May 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Feb 2024. 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.