5 Faro Close

    5, FARO CLOSE, BROMLEY, BR1 2RR

    This flat/maisonette leasehold property on Faro Close last sold in July 2024 for £310,000. Based on price growth in the BR1 district since then, its estimated current value is £320,697 — placing it in the 54th percentile nationally and the 15th percentile within BR1. The property covers 54 m² (581 sq ft), giving an estimated value of £5,939 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £310,000

    Jul 2024

    Estimated Valuation

    £320,697

    Est. £/sq ft

    £552/sq ft

    £5,939/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateOct 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2024

    £310,000

    27 Aug 2003

    £159,950

    29 Nov 2001

    £115,500

    16 Feb 2001

    £50,000

    Key Metrics

    Estimated valuation£320,697
    Value per sq ft / m²£552/sq ft (£5,939/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile15th percentile
    National percentile54th percentile

    District Context — BR1

    BR1 covers Bromley town centre and surrounding areas in Greater London's south-east. It is an affluent, established residential district with strong professional employment and family-oriented communities.

    Average Property Price - BR1

    £536,484

    84

    National percentile

    Average Net Household Income - BR1

    £55,816

    96

    National percentile

    10-Year Annualised Price Growth - BR1

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - BR

    3.4%

    21

    National percentile

    View full analysis for BR1

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