Housing Market Analysis for FARO CLOSE, BR1 2RR

Are you looking to understand BR1 2RR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Bromley postcode.

For the location information and nearby amenities in the BR1 2RR area, explore the BR1 2RR Area information page.
For comprehensive crime statistics in the BR1 2RR area, explore the BR1 2RR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BR1 2RR postcode area, The average prices are as follows,

  • Flat
    • The average price is around £164,571 median price is £165,000 Standard Deviation is £76,376 with Total Sold: 21
    • The Last 5 Year average price is £230,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 FARO CLOSE: £280,500 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is 1 FARO CLOSE: £47,250 (Sold on 15 Jun 1995)
  • Detached
    • The average price is around £327,000 median price is £380,000 Standard Deviation is £165,819 with Total Sold: 5
    • The most recent sale happened at this postcode is 18 FARO CLOSE: £460,000 (Sold on 14 Dec 2010)
    • The first recorded sale happened at this postcode is 18 FARO CLOSE: £90,000 (Sold on 02 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average BR1 2RR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,5001
2023£130,000 £2,167 1
2021£280,000 £4,828 1
2018£260,000 £4,362 2
2014£280,000 £4,746 1
2013£185,600 £3,130 3
2012£177,500 £2,977 1
2005£160,000 £2,705 2
2004£155,000 £2,697 2
2003£159,950 £2,962 1
2001£82,750 £1,532 2
2000£92,000 £1,543 1
1999£68,250 £1,177 2
1995£47,250 £801 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£460,000 £2,795 1
2009£525,0001
2000£380,0001
1999£180,000 £1,094 1
1997£90,000 £547 1

All the Sales in the FARO CLOSE, BR1 2RR

See the table below for more details on the sold house prices in the BR1 2RR, Bromley postcode.

AddressSold DatePrice% Change
1 FARO CLOSEFlat, Leasehold24 Apr 2024£280,50040.25%
19 Jan 2018£200,000323.28%
15 Jun 1995£47,250First Sale
9 FARO CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-197509 Aug 2023£130,000First Sale
2 FARO CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 1976-198216 Jun 2021£280,00061.10%
10 Jun 2013£173,80019.86%
07 May 2004£145,00093.33%
13 Aug 1999£75,00021.95%
26 Mar 1999£61,500First Sale
15 FARO CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-197524 Sep 2018£320,000First Sale
13 FARO CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1983-199031 Jul 2014£280,00036.25%
11 Oct 2013£205,500First Sale
12 FARO CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 1976-198204 Jul 2013£177,500First Sale
4 FARO CLOSEFlat, LeaseholdArea: 59.63 Sq.mtrAge: 1967-197507 Dec 2012£177,5007.58%
07 Jul 2005£165,00079.35%
31 Mar 2000£92,000First Sale
18 FARO CLOSEDetached, FreeholdArea: 164.6 Sq.mtrAge: 1983-199014 Dec 2010£460,000155.56%
31 Mar 1999£180,000100.00%
02 May 1997£90,000First Sale
17 FARO CLOSEDetached, Freehold26 Jun 2009£525,00038.16%
27 Mar 2000£380,000First Sale
8 FARO CLOSEFlat, LeaseholdArea: 58.66 Sq.mtrAge: 1967-197527 May 2005£155,000First Sale
3 FARO CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-197514 Sep 2004£165,000First Sale
5 FARO CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-196627 Aug 2003£159,95038.48%
29 Nov 2001£115,500131.00%
16 Feb 2001£50,000First Sale

Check out the sold house prices near the BR1 2RR postcode. Properties currently for saleProperties currently for rent

FARO CLOSE, BR1 2RR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BR1 2RR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BR1 2RR postcode.

  • Terraced
    • The average price is around £411,147 median price is £333,000 Standard Deviation is £267,826 with Total Sold: 497
    • The Last 5 Year average price is £633,090 with Total Sold: 89
    • The most recent sale happened at this postcode is , 10 IMPERIAL PLACE: £720,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 23 NORLANDS CRESCENT: £157,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £447,171 median price is £390,000 Standard Deviation is £291,945 with Total Sold: 178
    • The Last 5 Year average price is £819,803 with Total Sold: 22
    • The most recent sale happened at this postcode is , 35 LOWER CAMDEN: £625,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 OLD HILL: £182,000 (Sold on 25 Jan 1995)
  • Detached
    • The average price is around £731,759 median price is £650,000 Standard Deviation is £473,374 with Total Sold: 631
    • The Last 5 Year average price is £1,151,532 with Total Sold: 100
    • The most recent sale happened at this postcode is , 3 ASPEN COPSE: £818,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 3A BARFIELD ROAD: £65,000 (Sold on 30 Mar 1995)
  • Flat
    • The average price is around £260,252 median price is £228,675 Standard Deviation is £160,850 with Total Sold: 628
    • The Last 5 Year average price is £418,692 with Total Sold: 99
    • The most recent sale happened at this postcode is FLAT 3, 2 SUMMERHILL VILLAS SUSAN WOOD: £295,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is 12, RUTLAND COURT CAVESIDE CLOSE: £60,000 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £1,859,962 median price is £400,000 Standard Deviation is £4,145,001 with Total Sold: 13
    • The Last 5 Year average price is £4,514,900 with Total Sold: 5
    • The most recent sale happened at this postcode is , ST ALPHAGE GOSSHILL ROAD: £1,725,000 (Sold on 15 May 2024)
    • The first recorded sale happened at this postcode is FLAT 1, 2 DENBRIDGE ROAD: £30,000 (Sold on 08 Jun 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£703,278 £6,561 9
2023£707,725 £5,839 9
2022£605,403 £6,158 18
2021£597,519 £6,187 26
2020£612,233 £5,354 15
2019£669,142 £5,139 12
2018£529,692 £5,061 13
2017£708,751 £5,046 17
2016£541,035 £6,438 15
2015£574,147 £4,989 17
2014£519,259 £4,499 16
2013£455,000 £4,288 17
2012£676,022 £3,806 23
2011£480,384 £4,099 22
2010£356,864 £3,768 22
2009£315,318 £2,816 11
2008£313,182 £4,456 11
2007£364,581 £3,583 24
2006£312,683 £3,600 24
2005£301,664 £3,249 21
2004£302,563 £3,533 15
2003£300,077 £2,826 13
2002£239,315 £2,547 20
2001£243,547 £2,346 19
2000£205,227 £1,993 13
1999£195,171 £1,757 14
1998£176,056 £1,965 17
1997£129,067 £1,357 21
1996£115,542 £1,414 13
1995£121,150 £1,031 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£850,8754
2023£793,000 £6,992 4
2022£1,349,055 £6,033 3
2021£637,000 £5,673 3
2020£610,000 £5,778 4
2019£765,500 £5,309 4
2018£793,500 £4,344 4
2017£845,000 £5,542 5
2016£600,000 £5,556 1
2015£703,833 £5,038 6
2014£500,000 £5,130 1
2013£633,000 £4,425 5
2012£646,500 £3,896 5
2011£759,500 £3,738 4
2010£480,624 £3,829 4
2009£396,167 £2,904 6
2008£471,000 £3,121 4
2007£488,611 £3,564 9
2006£427,038 £2,993 13
2005£321,417 £3,856 6
2004£420,714 £2,709 7
2003£334,500 £3,076 11
2002£362,955 £2,613 11
2001£286,500 £2,643 7
2000£206,862 £2,891 4
1999£235,542 £2,021 12
1998£216,433 £1,786 9
1997£133,250 £1,307 10
1996£151,980 £1,169 7
1995£144,300 £1,031 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,349,6005
2023£1,525,250 £6,288 10
2022£1,287,909 £8,455 11
2021£1,166,635 £6,384 31
2020£1,057,117 £5,827 23
2019£925,314 £5,474 20
2018£927,111 £5,294 18
2017£1,110,263 £6,024 19
2016£1,055,625 £6,041 16
2015£1,125,873 £4,932 24
2014£944,663 £5,418 29
2013£887,942 £4,162 26
2012£726,206 £3,791 24
2011£1,001,350 £4,174 20
2010£744,118 £3,768 25
2009£679,040 £3,119 24
2008£830,445 £3,457 19
2007£685,934 £3,665 21
2006£667,961 £3,042 28
2005£615,585 £3,030 17
2004£715,684 £3,199 19
2003£467,664 £2,950 18
2002£534,642 £2,671 24
2001£379,453 £2,034 22
2000£509,650 £2,111 17
1999£312,248 £1,717 26
1998£266,231 £1,605 13
1997£230,863 £1,102 31
1996£251,683 £1,219 32
1995£213,429 £975 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£384,929 £5,069 7
2023£497,522 £5,559 23
2022£377,947 £5,184 19
2021£382,158 £4,862 22
2020£417,115 £5,097 13
2019£420,133 £5,444 15
2018£414,500 £5,280 23
2017£376,522 £4,623 20
2016£385,231 £5,190 27
2015£300,069 £4,384 16
2014£333,412 £4,289 28
2013£256,123 £3,474 22
2012£306,495 £3,121 15
2011£208,215 £3,208 20
2010£284,846 £3,496 26
2009£309,480 £3,373 10
2008£255,357 £3,764 14
2007£281,947 £3,281 19
2006£257,394 £3,239 24
2005£239,556 £3,309 25
2004£220,906 £3,042 33
2003£182,305 £2,918 27
2002£184,857 £2,272 27
2001£169,165 £2,032 24
2000£121,104 £1,992 27
1999£110,011 £1,498 18
1998£101,262 £1,460 26
1997£96,461 £1,246 27
1996£88,220 £1,210 20
1995£79,568 £867 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,725,0001
2022£1,470,000 £4,129 1
2021£2,350,0001
2020£8,514,7502
2018£40,000 £361 2
2017£299,000 £3,118 5
2016£30,000 £245 1

House Type in BR1 2RR area

The most common house types in the BR1 2RR postcode area are Detached (28), Flat (16), and Semi-detached (2).

Total48
Detached28
Flat16
Semi-detached2
Terraced2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (25), and Owned: Owns with a mortgage or loan (16).

Owned: Owns outright25
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency5
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the BR1 2RR have 2 people in household (17), and 1 person in household (16).

2 people in household17
1 person in household16
3 people in household9
5 people in household4
4 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0