8, LETCHWORTH CLOSE, BROMLEY, BR2 9BD - £690,000

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.

8 LETCHWORTH CLOSE is a small extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £796,925. It was last sold for £690,000 in February 2021, which was around 27% below the average February 2021 detached price in the Bromley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

8 LETCHWORTH CLOSE Sold Prices

Land registry data shows one sale for 8 LETCHWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bromley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 5 FEB	£690,000	£940,307	27% below HPI

What might 8 LETCHWORTH CLOSE be worth now?

8 LETCHWORTH CLOSE might now be worth an estimated £796,925.

This is based on house price inflation of 15.5%, between February 2021 and May 2026, 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 15.5% inflationary increase is applied to the most recent sale price for 8 LETCHWORTH CLOSE of £690,000 on 5th February 2021. For the value to have increased from £690,000 to £796,925 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 LETCHWORTH CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The February 2021 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LETCHWORTH CLOSE has not materially changed since February 2021.

How Large is 8 LETCHWORTH CLOSE?

8 LETCHWORTH CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 LETCHWORTH CLOSE lies on this distribution: 39% of detached houses are smaller than 8 LETCHWORTH CLOSE, and 60% of detached houses are larger. Note that EPC data is not available for all properties in London.

8 LETCHWORTH CLOSE: Plot

8 LETCHWORTH CLOSE sits on a plot of roughly 0.102 of an acre, or 412m².

Where is 8 LETCHWORTH CLOSE?

8 LETCHWORTH CLOSE is located in BROMLEY, in the BR2 postcode district.