Flat 10, The Laurels, 1 Homefield Road, Bromley, BR1 3LA is a leasehold flat built between 1976-1982. The property offers approximately 980 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £358,923 , which equates to approximately £366 per square foot. It was last sold on 14 Oct 2022 for £360,000. Since then, the value has decreased by £1,077, representing a 0.3% decrease, or approximately 0.1% per year.

The current estimated value of £358,923 is:

  • 21.3% lower than the average property price on Homefield Road
  • 5.1% higher than the average in the BR1 3LA postcode area
  • and 40.7% 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 14 February 2022, the property was recorded as owner-occupied.

View sold house prices in BR1 3LA

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
980 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£358,923
Price Per sq ft (estimate)
£366
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 10, The Laurels, 1 Homefield Road, Bromley, Greater London, BR1 3LA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Feb 2022.

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.

The previous EPC assessment was conducted on 17 Jul 2013. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 36% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 36% of fixed outlets
Average

Compared to BR1 3LA

5 th / 32
Price Rank
5% higher than average
3 rd / 32
Size Rank
40% bigger than average
24 th / 32
Price Per Sq FT Rank
25% lower than average

Compared to other properties in BR1 3LA , this flat's estimated value ranks 5th out of 32. Based on price per square foot, it ranks 24th out of 32 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 3rd out of 32 properties in its postcode area.

Sale History

Today
£358,923
streetscan.co.uk estimate
-0 %
14 Oct 2022
£360,000
Leasehold
+44 %
29 Jan 2010
£250,000
Leasehold
+42.9 %
4 Apr 2006
£175,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 872 sq ft
sale price: £365,000
sale date: 30 May 2019
rooms: 3
size: 926 sq ft
sale price: £249,950
sale date: 21 May 2014
rooms: 3
size: 915 sq ft
sale price: £250,000
sale date: 8 Nov 2013
rooms: 3
size: 872 sq ft
sale price: £240,000
sale date: 14 Jun 2006
rooms: 3
size: 872 sq ft
sale price: £85,000
sale date: 27 Oct 1997

Data Sources

The property at Flat 10, The Laurels, 1 Homefield Road, Bromley, BR1 3LA appears three times in the Land Registry records, with the latest transaction recorded on 14 Oct 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Feb 2022. 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.