38D, CAMBRIDGE ROAD, BROMLEY, BR1 4EA - £285,000

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.

38D CAMBRIDGE ROAD is a very small flat of 46m², built sometime between 1900 and 1929, which could now be worth an estimated £295,318. It was last sold for £285,000 in September 2017, which was around 5% below the average September 2017 flat price in the Bromley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

38D CAMBRIDGE ROAD Sold Prices

Land registry data shows two sales for 38D CAMBRIDGE ROAD 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 38D CAMBRIDGE 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
2017 1 SEP	£285,000	£301,155	5% below HPI
2013 14 AUG	£153,000	£203,121	25% below HPI

What might 38D CAMBRIDGE ROAD be worth now?

38D CAMBRIDGE ROAD might now be worth an estimated £295,318.

This is based on house price inflation of 3.6%, between September 2017 and May 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 3.6% inflationary increase is applied to the most recent sale price for 38D CAMBRIDGE ROAD of £285,000 on 1st September 2017. For the value to have increased from £285,000 to £295,318 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 38D CAMBRIDGE ROAD has moved in line with the HPI for flats in the Bromley local authority area.
• The September 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 38D CAMBRIDGE ROAD has not materially changed since September 2017.

How Large is 38D CAMBRIDGE ROAD?

38D CAMBRIDGE ROAD is 46m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of flats in Bromley, based on EPC data. 10% of flats are smaller than 38D CAMBRIDGE ROAD, and 87% of flats are larger. Note that EPC data is not available for all properties in Bromley.

38D CAMBRIDGE ROAD: Plot

38D CAMBRIDGE ROAD sits on a plot of roughly 0.138 of an acre, or 557m².

Where is 38D CAMBRIDGE ROAD?

38D CAMBRIDGE ROAD is located in BROMLEY, in the BR1 postcode district.