11, MATFIELD CLOSE, BROMLEY, BR2 9DY - £600,000

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.

11 MATFIELD CLOSE is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £615,100. It was last sold for £600,000 in August 2023, which was around 43% below the average August 2023 detached price in the Bromley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

11 MATFIELD CLOSE Sold Prices

Land registry data shows one sale for 11 MATFIELD 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
2023 14 AUG	£600,000	£1,059,360	43% below HPI

What might 11 MATFIELD CLOSE be worth now?

11 MATFIELD CLOSE might now be worth an estimated £615,100.

This is based on house price inflation of 2.5%, between August 2023 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 2.5% inflationary increase is applied to the most recent sale price for 11 MATFIELD CLOSE of £600,000 on 14th August 2023. For the value to have increased from £600,000 to £615,100 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 11 MATFIELD CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The August 2023 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MATFIELD CLOSE has not materially changed since August 2023.

How Large is 11 MATFIELD CLOSE?

11 MATFIELD CLOSE is 85m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 11 MATFIELD CLOSE lies on this distribution: 10% of detached houses are smaller than 11 MATFIELD CLOSE, and 90% of detached houses are larger. Note that EPC data is not available for all properties in London.

11 MATFIELD CLOSE: Plot

11 MATFIELD CLOSE sits on a plot of roughly 0.176 of an acre, or 714m².

Where is 11 MATFIELD CLOSE?

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