3, REDGATE DRIVE, BROMLEY, BR2 7BT - £1,420,000

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 REDGATE DRIVE is a very large extended detached house of 265m², built sometime between 1900 and 1929, which could now be worth an estimated £1,677,420. It was last sold for £1,420,000 in July 2016, which was around 59% above the average July 2016 detached price in the Bromley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

3 REDGATE DRIVE Sold Prices

Land registry data shows two sales for 3 REDGATE DRIVE 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 REDGATE DRIVE sales were for above 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
2016 29 JUL	£1,420,000	£895,028	59% above HPI
1996 22 MAR	£570,000	£173,203	229% above HPI

3 REDGATE DRIVE 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 REDGATE DRIVE sales from March 1996 and July 2016 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 March 1996 sale was for 229% above the HPI. So the extrapolation line tracks at 229% above the HPI over time, until the July 2016 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 3 REDGATE DRIVE be worth now?

3 REDGATE DRIVE might now be worth an estimated £1,677,420.

This is based on house price inflation of 18.1%, between July 2016 and February 2025, 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 18.1% inflationary increase is applied to the most recent sale price for 3 REDGATE DRIVE of £1,420,000 on 29th July 2016. For the value to have increased from £1,420,000 to £1,677,420 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 3 REDGATE DRIVE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The July 2016 sale price of £1,420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDGATE DRIVE has not materially changed since July 2016.

How Large is 3 REDGATE DRIVE?

3 REDGATE DRIVE is 265m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% 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 REDGATE DRIVE lies on this distribution: 87% of detached houses houses are smaller than 3 REDGATE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in London.

3 REDGATE DRIVE: Plot and Title Map

3 REDGATE DRIVE sits on a plot of roughly 0.275 of an acre, or 1,112m². The below map shows the location of 3 REDGATE DRIVE, 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 REDGATE DRIVE). 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 REDGATE DRIVE?

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