3, MATFIELD CLOSE, BROMLEY, BR2 9DY - £535,000

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 MATFIELD CLOSE is a midsized terraced house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £552,651. It was last sold for £535,000 in February 2023, which was around 12% above the average February 2023 terraced price in the Bromley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3 MATFIELD CLOSE Sold Prices

Land registry data shows one sale for 3 MATFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Bromley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 2 FEB	£535,000	£479,111	12% above HPI

What might 3 MATFIELD CLOSE be worth now?

3 MATFIELD CLOSE might now be worth an estimated £552,651.

This is based on house price inflation of 3.3%, between February 2023 and May 2026, for terraced 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 3.3% inflationary increase is applied to the most recent sale price for 3 MATFIELD CLOSE of £535,000 on 2nd February 2023. For the value to have increased from £535,000 to £552,651 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 MATFIELD CLOSE has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The February 2023 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MATFIELD CLOSE has not materially changed since February 2023.

How Large is 3 MATFIELD CLOSE?

3 MATFIELD CLOSE is 87m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 3 MATFIELD CLOSE lies on this distribution: 42% of terraced houses are smaller than 3 MATFIELD CLOSE, and 56% of terraced houses are larger. Note that EPC data is not available for all properties in London.

3 MATFIELD CLOSE: Plot

3 MATFIELD CLOSE sits on a plot of roughly 0.047 of an acre, or 192m².

Where is 3 MATFIELD CLOSE?

3 MATFIELD CLOSE is located in BROMLEY, in the BR2 postcode district.