72A, BOURNE WAY, BROMLEY, BR2 7EY - £244,950

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.

72A BOURNE WAY is a flat, which could now be worth an estimated £386,951. It was last sold for £244,950 in May 2007, which was around 24% above the average May 2007 flat price in the Bromley local authority area.

72A BOURNE WAY Sold Prices

Land registry data shows three sales for 72A BOURNE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Bromley local authority area for the corresponding sale date. Two of the three 72A BOURNE WAY sales were for above the average price, whilst one was 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 2 MAY	£244,950	£197,541	24% above HPI
2005 25 MAY	£220,000	£177,327	24% above HPI
2004 22 DEC	£175,000	£180,463	3% below HPI

What might 72A BOURNE WAY be worth now?

72A BOURNE WAY might now be worth an estimated £386,951.

This is based on house price inflation of 58%, between May 2007 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 58% inflationary increase is applied to the most recent sale price for 72A BOURNE WAY of £244,950 on 2nd May 2007. For the value to have increased from £244,950 to £386,951 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 72A BOURNE WAY has moved in line with the HPI for flats in the Bromley local authority area.
• The May 2007 sale price of £244,950 represented a fair market value for the property.
• The size, condition, and specification of 72A BOURNE WAY has not materially changed since May 2007.

Where is 72A BOURNE WAY?

72A BOURNE WAY is located in BROMLEY, in the BR2 postcode district.