3, LETCHWORTH CLOSE, BROMLEY, BR2 9BD - £547,500

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.

3 LETCHWORTH CLOSE is a detached house, which could now be worth an estimated £1,018,445. It was last sold for £547,500 in November 2007, which was around 6% below the average November 2007 detached price in the Bromley local authority area.

3 LETCHWORTH CLOSE Sold Prices

Land registry data shows two sales for 3 LETCHWORTH 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. Both of the two 3 LETCHWORTH CLOSE 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
2007 12 NOV	£547,500	£583,827	6% below HPI
2001 18 MAY	£249,500	£341,796	27% below HPI

What might 3 LETCHWORTH CLOSE be worth now?

3 LETCHWORTH CLOSE might now be worth an estimated £1,018,445.

This is based on house price inflation of 86%, between November 2007 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 86% inflationary increase is applied to the most recent sale price for 3 LETCHWORTH CLOSE of £547,500 on 12th November 2007. For the value to have increased from £547,500 to £1,018,445 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 3 LETCHWORTH CLOSE has moved in line with the HPI for detached houses in the Bromley local authority area.
• The November 2007 sale price of £547,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LETCHWORTH CLOSE has not materially changed since November 2007.

Where is 3 LETCHWORTH CLOSE?

3 LETCHWORTH CLOSE is located in BROMLEY, in the BR2 postcode district.