2, TALL ELMS CLOSE, BROMLEY, BR2 0TT - £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.

2 TALL ELMS CLOSE is a midsized extended detached house of 167m², built sometime between 1967 and 1975, which could now be worth an estimated £886,436. It was last sold for £360,000 in June 2003, which was around 18% below the average June 2003 detached price in the Bromley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was D.

2 TALL ELMS CLOSE Sold Prices

Land registry data shows one sale for 2 TALL ELMS 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
2003 18 JUN	£360,000	£441,055	18% below HPI

What might 2 TALL ELMS CLOSE be worth now?

2 TALL ELMS CLOSE might now be worth an estimated £886,436.

This is based on house price inflation of 146.2%, between June 2003 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 146.2% inflationary increase is applied to the most recent sale price for 2 TALL ELMS CLOSE of £360,000 on 18th June 2003. For the value to have increased from £360,000 to £886,436 over the 23 years and one month to May 2026, the following assumptions must hold true:

• The value of 2 TALL ELMS CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2003 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TALL ELMS CLOSE has not materially changed since June 2003.

How Large is 2 TALL ELMS CLOSE?

2 TALL ELMS CLOSE is 167m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses by size in Bromley, and where 2 TALL ELMS CLOSE lies on this distribution: 55% of detached houses are smaller than 2 TALL ELMS CLOSE, and 43% of detached houses are larger. Note that EPC data is not available for all properties in Bromley.

2 TALL ELMS CLOSE: Plot

2 TALL ELMS CLOSE sits on a plot of roughly 0.114 of an acre, or 462m².

Where is 2 TALL ELMS CLOSE?

2 TALL ELMS CLOSE is located in BROMLEY, in the BR2 postcode district.