2, MINSTER ROAD, BROMLEY, BR1 4DZ - £625,000

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.

2 MINSTER ROAD is a detached house, which could now be worth an estimated £881,104. It was last sold for £625,000 in November 2014, which was around 19% below the average November 2014 detached price in the Bromley local authority area.

2 MINSTER ROAD Sold Prices

Land registry data shows three sales for 2 MINSTER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the three 2 MINSTER ROAD sales were for below 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
2014 13 NOV	£625,000	£770,355	19% below HPI
2007 21 AUG	£480,000	£559,952	14% below HPI
2000 17 MAR	£288,000	£307,807	6% below HPI

What might 2 MINSTER ROAD be worth now?

2 MINSTER ROAD might now be worth an estimated £881,104.

This is based on house price inflation of 41%, between November 2014 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 41% inflationary increase is applied to the most recent sale price for 2 MINSTER ROAD of £625,000 on 13th November 2014. For the value to have increased from £625,000 to £881,104 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 2 MINSTER ROAD has moved in line with the HPI for detached houses in the Bromley local authority area.
• The November 2014 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MINSTER ROAD has not materially changed since November 2014.

Where is 2 MINSTER ROAD?

2 MINSTER ROAD is located in BROMLEY, in the BR1 postcode district.