3, CEDAR CRESCENT, BROMLEY, BR2 8PX - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CEDAR CRESCENT is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £701,267. It was last sold for £365,000 in August 2011, which was around 35% below the average August 2011 detached price in the Bromley local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

3 CEDAR CRESCENT Sold Prices

Land registry data shows two sales for 3 CEDAR CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 3 CEDAR CRESCENT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 16 AUG	£365,000	£561,839	35% below HPI
2010 11 JUN	£350,000	£554,858	37% below HPI

3 CEDAR CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 3 CEDAR CRESCENT sales from June 2010 and August 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2011 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 CEDAR CRESCENT be worth now?

3 CEDAR CRESCENT might now be worth an estimated £701,267.

This is based on house price inflation of 92.1%, between August 2011 and April 2026, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.1% inflationary increase is applied to the most recent sale price for 3 CEDAR CRESCENT of £365,000 on 16th August 2011. For the value to have increased from £365,000 to £701,267 over the fifteen years and four months to April 2026, the following assumptions must hold true:

• The value of 3 CEDAR CRESCENT has moved in line with the HPI for detached houses in the Bromley local authority area.
• The August 2011 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CEDAR CRESCENT has not materially changed since August 2011.

How Large is 3 CEDAR CRESCENT?

3 CEDAR CRESCENT is 73m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 3 CEDAR CRESCENT lies on this distribution: 5% of detached houses houses are smaller than 3 CEDAR CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

3 CEDAR CRESCENT: Plot and Title Map

3 CEDAR CRESCENT sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 3 CEDAR CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 CEDAR CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 CEDAR CRESCENT?

3 CEDAR CRESCENT is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 3 on CEDAR CRESCENT.