Flat 38, The Laurels, 1 Homefield Road, Bromley, BR1 3LA is a leasehold flat built between 1967-1975. The property offers approximately 301 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £268,519 , which equates to approximately £891 per square foot. It was last sold on 30 Sep 1999 for £72,500. Since then, the value has increased by £196,019, representing a 270.4% increase, or approximately 10.3% per year.

The current estimated value of £268,519 is:

  • 41.1% lower than the average property price on Homefield Road
  • 21.4% lower than the average in the BR1 3LA postcode area
  • and 55.6% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 19 July 2013, 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
301 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£268,519
Price Per sq ft (estimate)
£891
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 38, The Laurels, 1 Homefield Road, Bromley, Greater London Authority, BR1 3LA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Jul 2013.

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 29 May 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 16.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, limited insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 17% of fixed outlets, with efficiency changing from average to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to BR1 3LA

30 th / 32
Price Rank
21% lower than average
31 st / 32
Size Rank
57% smaller than average
1 st / 32
Price Per Sq FT Rank
83% higher than average

Compared to other properties in BR1 3LA , this flat's estimated value ranks 30th out of 32. Based on price per square foot, it ranks 1st 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 31th out of 32 properties in its postcode area.

Sale History

Today
£268,519
streetscan.co.uk estimate
+270 %
30 Sep 1999
£72,500
Leasehold
+48 %
24 Oct 1996
£49,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 301 sq ft
sale price: £60,000
sale date: 19 Oct 1998

Data Sources

The property at Flat 38, The Laurels, 1 Homefield Road, Bromley, BR1 3LA appears two times in the Land Registry records, with the latest transaction recorded on 30 Sep 1999. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jul 2013. 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.


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