1A, LANCASTER CLOSE, BROMLEY, BR2 0QF - £495,000

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.

1A LANCASTER CLOSE is a detached house, which could now be worth an estimated £1,051,168. It was last sold for £495,000 in August 2009, which was around 1% below the average August 2009 detached price in the Bromley local authority area.

1A LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 1A LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. One of the two 1A LANCASTER CLOSE sales was for below the average price, whilst the other was 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
2009 7 AUG	£495,000	£502,526	1% below HPI
1999 2 AUG	£310,000	£269,195	15% above HPI

What might 1A LANCASTER CLOSE be worth now?

1A LANCASTER CLOSE might now be worth an estimated £1,051,168.

This is based on house price inflation of 112.4%, between August 2009 and July 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 112.4% inflationary increase is applied to the most recent sale price for 1A LANCASTER CLOSE of £495,000 on 7th August 2009. For the value to have increased from £495,000 to £1,051,168 over the seventeen years and one month to July 2026, the following assumptions must hold true:

• The value of 1A LANCASTER CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The August 2009 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1A LANCASTER CLOSE has not materially changed since August 2009.

Where is 1A LANCASTER CLOSE?

1A LANCASTER CLOSE is located in BROMLEY, in the BR2 postcode district.