Flat 16, The Laurels, 1 Homefield Road, Bromley, BR1 3LA is a leasehold flat built between 1967-1975. The property offers approximately 829 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 £462,459 , which equates to approximately £558 per square foot. It was last sold on 5 Aug 2016 for £425,000. Since then, the value has increased by £37,459, representing a 8.8% increase, or approximately 0.9% per year.

The current estimated value of £462,459 is:

  • 1.4% higher than the average property price on Homefield Road
  • 35.4% higher than the average in the BR1 3LA postcode area
  • and 23.6% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 3 March 2014, the property was recorded as owner-occupied.

View sold house prices in BR1 3LA

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
829 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£462,459
Price Per sq ft (estimate)
£558
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 16, The Laurels, 1 Homefield Road, Bromley, Greater London Authority, BR1 3LA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Mar 2014.

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 19 Jul 2013. The rating of C remains the same, but the energy efficiency score improved by 8.6%.

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, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BR1 3LA

4 th / 32
Price Rank
35% higher than average
10 th / 32
Size Rank
18% bigger than average
10 th / 32
Price Per Sq FT Rank
14% higher than average

Compared to other properties in BR1 3LA , this flat's estimated value ranks 4th out of 32. Based on price per square foot, it ranks 10th out of 32 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 10th out of 32 properties in its postcode area.

Sale History

Today
£462,459
streetscan.co.uk estimate
+9 %
5 Aug 2016
£425,000
Leasehold
+80.9 %
3 Jun 2014
£235,000
Leasehold
-5.6 %
28 Jan 2005
£249,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £300,000
sale date: 20 Dec 2024
rooms: 4
size: 775 sq ft
sale price: £320,000
sale date: 27 Nov 2024
rooms: 3
size: 732 sq ft
sale price: £350,000
sale date: 2 Dec 2022
rooms: 2
size: 786 sq ft
sale price: £375,000
sale date: 3 May 2022
rooms: 3
size: 743 sq ft
sale price: £310,000
sale date: 19 Feb 2021

Data Sources

The property at Flat 16, The Laurels, 1 Homefield Road, Bromley, BR1 3LA appears three times in the Land Registry records, with the latest transaction recorded on 5 Aug 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Mar 2014. 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.