7, MATFIELD CLOSE, BROMLEY, BR2 9DY - £230,000

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 MATFIELD CLOSE is a terraced house, which could now be worth an estimated £574,443. It was last sold for £230,000 in March 2004, which was around 16% above the average March 2004 terraced price in the Bromley local authority area.

7 MATFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 MATFIELD 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 MATFIELD 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
2004 10 MAR	£230,000	£198,159	16% above HPI
1999 15 SEP	£135,000	£109,109	24% above HPI

What might 7 MATFIELD CLOSE be worth now?

7 MATFIELD CLOSE might now be worth an estimated £574,443.

This is based on house price inflation of 149.8%, between March 2004 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 149.8% inflationary increase is applied to the most recent sale price for 7 MATFIELD CLOSE of £230,000 on 10th March 2004. For the value to have increased from £230,000 to £574,443 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 MATFIELD CLOSE has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The March 2004 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MATFIELD CLOSE has not materially changed since March 2004.

Where is 7 MATFIELD CLOSE?

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