31, ROMNEY DRIVE, BROMLEY, BR1 2TE - £643,000

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.

31 ROMNEY DRIVE is a midsized extended terraced house of 148m², built sometime between 1976 and 1982, which could now be worth an estimated £780,100. It was last sold for £643,000 in August 2019, which was around 59% above the average August 2019 terraced price in the Bromley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

31 ROMNEY DRIVE Sold Prices

Land registry data shows three sales for 31 ROMNEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. All of the three 31 ROMNEY 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
2019 6 AUG	£643,000	£404,898	59% above HPI
2005 17 OCT	£305,000	£209,454	46% above HPI
2002 26 APR	£261,400	£148,252	76% above HPI

31 ROMNEY DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromley local authority area over time, sourced from the HPI. The three 31 ROMNEY DRIVE sales between April 2002 and August 2019 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 October 2005 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 31 ROMNEY DRIVE be worth now?

31 ROMNEY DRIVE might now be worth an estimated £780,100.

This is based on house price inflation of 21.3%, between August 2019 and April 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 21.3% inflationary increase is applied to the most recent sale price for 31 ROMNEY DRIVE of £643,000 on 6th August 2019. For the value to have increased from £643,000 to £780,100 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 31 ROMNEY DRIVE has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The August 2019 sale price of £643,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ROMNEY DRIVE has not materially changed since August 2019.

How Large is 31 ROMNEY DRIVE?

31 ROMNEY DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 31 ROMNEY DRIVE lies on this distribution: 51% of terraced houses houses are smaller than 31 ROMNEY DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in London.

31 ROMNEY DRIVE: Plot and Title Map

31 ROMNEY DRIVE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 31 ROMNEY 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 31 ROMNEY 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 31 ROMNEY DRIVE?

31 ROMNEY DRIVE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 31 on ROMNEY DRIVE.