16A, LANCASTER CLOSE, BROMLEY, BR2 0QF - £360,000

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.

16A LANCASTER CLOSE is a large flat of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £383,218. It was last sold for £360,000 in June 2019, which was around 27% above the average June 2019 flat price in the Bromley local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

16A LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 16A LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Bromley local authority area for the corresponding sale date. Both of the two 16A LANCASTER 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 21 JUN	£360,000	£284,123	27% above HPI
2001 15 AUG	£164,950	£117,334	41% above HPI

What might 16A LANCASTER CLOSE be worth now?

16A LANCASTER CLOSE might now be worth an estimated £383,218.

This is based on house price inflation of 6.4%, between June 2019 and July 2026, for flats, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 16A LANCASTER CLOSE of £360,000 on 21st June 2019. For the value to have increased from £360,000 to £383,218 over the six years and eleven months to July 2026, the following assumptions must hold true:

• The value of 16A LANCASTER CLOSE has moved in line with the HPI for flats in the Bromley local authority area.
• The June 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 16A LANCASTER CLOSE has not materially changed since June 2019.

How Large is 16A LANCASTER CLOSE?

16A LANCASTER CLOSE is 80m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of flats in Bromley, based on EPC data. 79% of flats are smaller than 16A LANCASTER CLOSE, and 20% of flats are larger. Note that EPC data is not available for all properties in Bromley.

16A LANCASTER CLOSE: Plot

16A LANCASTER CLOSE sits on a plot of roughly 0.979 of an acre, or 3,961m².

Where is 16A LANCASTER CLOSE?

16A LANCASTER CLOSE is located in BROMLEY, in the BR2 postcode district.