Flat 5, The Laurels, 1 Homefield Road, Bromley, BR1 3LA is a leasehold flat built between 1967-1975. The property offers approximately 807 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 £356,474 , which equates to approximately £442 per square foot. It was last sold on 29 Nov 2013 for £228,500. Since then, the value has increased by £127,974, representing a 56.0% increase, or approximately 4.7% per year.

The current estimated value of £356,474 is:

  • 21.9% lower than the average property price on Homefield Road
  • 4.4% higher than the average in the BR1 3LA postcode area
  • and 41.1% lower than the average price for Bromley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 21 October 2022, the property was recorded as rented.

View sold house prices in BR1 3LA

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£356,474
Price Per sq ft (estimate)
£442
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 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 21 Oct 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 13 Dec 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 13.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BR1 3LA

17 th / 32
Price Rank
4% higher than average
11 th / 32
Size Rank
15% bigger than average
26 th / 32
Price Per Sq FT Rank
10% lower than average

Compared to other properties in BR1 3LA , this flat's estimated value ranks 17th out of 32. Based on price per square foot, it ranks 26th 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 11th out of 32 properties in its postcode area.

Sale History

Today
£356,474
streetscan.co.uk estimate
+56 %
29 Nov 2013
£228,500
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 5, The Laurels, 1 Homefield Road, Bromley, Greater London, BR1 3LA appears once in the Land Registry records, with the transaction recorded on 29 Nov 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Oct 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.