7, MALORY CLOSE, BECKENHAM, BR3 4JD - £525,000

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.

7 MALORY CLOSE is a very small extended terraced house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £642,500. It was last sold for £525,000 in January 2019, which was around 31% above the average January 2019 terraced price in the Bromley local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was B.

7 MALORY CLOSE Sold Prices

Land registry data shows two sales for 7 MALORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. Both of the two 7 MALORY CLOSE 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 3 JAN	£525,000	£401,394	31% above HPI
2004 23 APR	£275,000	£201,657	36% above HPI

7 MALORY CLOSE 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 two 7 MALORY CLOSE sales from April 2004 and January 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 April 2004 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 7 MALORY CLOSE be worth now?

7 MALORY CLOSE might now be worth an estimated £642,500.

This is based on house price inflation of 22.4%, between January 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 22.4% inflationary increase is applied to the most recent sale price for 7 MALORY CLOSE of £525,000 on 3rd January 2019. For the value to have increased from £525,000 to £642,500 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 7 MALORY CLOSE has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The January 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MALORY CLOSE has not materially changed since January 2019.

How Large is 7 MALORY CLOSE?

7 MALORY CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% 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 7 MALORY CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 7 MALORY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in London.

7 MALORY CLOSE: Plot and Title Map

7 MALORY CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 7 MALORY CLOSE, 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 7 MALORY CLOSE). 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 7 MALORY CLOSE?

7 MALORY CLOSE is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 7 on MALORY CLOSE.