79, MEAD WAY, BROMLEY, BR2 9ER - £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.

79 MEAD WAY is a small extended terraced house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £661,201. It was last sold for £535,000 in November 2019, which was around 34% above the average November 2019 terraced price in the Bromley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

79 MEAD WAY Sold Prices

Land registry data shows two sales for 79 MEAD WAY 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 79 MEAD WAY 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 29 NOV	£535,000	£400,455	34% above HPI
2005 24 MAR	£247,500	£208,802	19% above HPI

79 MEAD WAY 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 79 MEAD WAY sales from March 2005 and November 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 March 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 79 MEAD WAY be worth now?

79 MEAD WAY might now be worth an estimated £661,201.

This is based on house price inflation of 23.6%, between November 2019 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 23.6% inflationary increase is applied to the most recent sale price for 79 MEAD WAY of £535,000 on 29th November 2019. For the value to have increased from £535,000 to £661,201 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 79 MEAD WAY has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The November 2019 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 79 MEAD WAY has not materially changed since November 2019.

How Large is 79 MEAD WAY?

79 MEAD WAY is 112m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% 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 79 MEAD WAY lies on this distribution: 27% of terraced houses houses are smaller than 79 MEAD WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

79 MEAD WAY: Plot and Title Map

79 MEAD WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 79 MEAD WAY, 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 79 MEAD WAY). 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 79 MEAD WAY?

79 MEAD WAY is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 79 on MEAD WAY.