Housing Market Analysis for MILLFIELDS CLOSE, BR5 2LQ

Are you looking to understand BR5 2LQ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Bromley postcode.

For the location information and nearby amenities in the BR5 2LQ area, explore the BR5 2LQ Area information page.
For comprehensive crime statistics in the BR5 2LQ area, explore the BR5 2LQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BR5 2LQ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £176,368 median price is £167,000 Standard Deviation is £93,323 with Total Sold: 19
- The Last 5 Year average price is £397,500 with Total Sold: 1
- The most recent sale happened at this postcode is 48 MILLFIELD CLOSE: £397,500 (Sold on 13 Aug 2021)
- The first recorded sale happened at this postcode is 13 MILLFIELDS CLOSE: £55,000 (Sold on 16 Dec 1996)
Terraced
- The average price is around £228,929 median price is £243,000 Standard Deviation is £54,118 with Total Sold: 7
- The Last 5 Year average price is £290,000 with Total Sold: 1
- The most recent sale happened at this postcode is 18 MILLFIELD CLOSE: £290,000 (Sold on 31 Mar 2020)
- The first recorded sale happened at this postcode is 20 MILLFIELDS CLOSE: £139,500 (Sold on 24 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average BR5 2LQ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£397,500	£4,449	1
2016	£370,000	£3,524	1
2014	£275,000	£3,078	1
2013	£235,000	£2,238	1
2011	£193,500	£2,239	2
2008	£208,000	£2,419	1
2007	£198,500	£1,924	2
2006	£167,000	£1,942	1
2005	£158,000	£1,837	1
2004	£145,000	£1,686	1
2003	£120,000		1
2002	£124,000		1
2000	£96,500		1
1999	£106,000	£1,010	1
1997	£69,995		1
1996	£47,500	£458	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£290,000	£3,180	1
2015	£266,000	£3,088	3
2009	£180,000	£2,000	1
2007	£195,000		1
2003	£139,500		1

All the Sales in the MILLFIELDS CLOSE, BR5 2LQ

See the table below for more details on the sold house prices in the BR5 2LQ, Bromley postcode.

Address	Sold Date	Price	% Change
48 MILLFIELD CLOSESemi-Detached, FreeholdArea: 89.34 Sq.mtrAge: 1930-1949	13 Aug 2021	£397,500	44.55%
	30 Apr 2014	£275,000	44.74%
	22 Dec 2011	£190,000	First Sale
18 MILLFIELD CLOSETerraced, FreeholdArea: 91.2 Sq.mtrAge: 1950-1966	31 Mar 2020	£290,000	First Sale
3 MILLFIELD CLOSESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1930-1949	09 Dec 2016	£370,000	57.45%
	07 Aug 2013	£235,000	First Sale
25 MILLFIELD CLOSETerraced, FreeholdArea: 83.78 Sq.mtrAge: 1950-1966	12 Nov 2015	£290,000	47.21%
	11 Feb 2011	£197,000	First Sale
44 MILLFIELD CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	30 Oct 2015	£265,000	First Sale
45 MILLFIELD CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	09 Jan 2015	£243,000	First Sale
18 MILLFIELDS CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	17 Dec 2009	£180,000	First Sale
30 MILLFIELDS CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	31 May 2008	£208,000	43.45%
	04 Jun 2004	£145,000	First Sale
6 MILLFIELDS CLOSESemi-Detached, Freehold	15 Nov 2007	£202,000	68.33%
	16 May 2003	£120,000	71.44%
	02 May 1997	£69,995	First Sale
27 MILLFIELDS CLOSESemi-Detached, FreeholdArea: 101.36 Sq.mtrAge: 1950-1966	20 Sep 2007	£195,000	First Sale
11 MILLFIELDS CLOSETerraced, Freehold	01 Feb 2007	£195,000	First Sale
46 MILLFIELDS CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	06 Sep 2006	£167,000	5.70%
	11 May 2005	£158,000	First Sale
20 MILLFIELDS CLOSETerraced, Freehold	24 Sep 2003	£139,500	First Sale
13 MILLFIELDS CLOSESemi-Detached, Freehold	06 Sep 2002	£124,000	28.50%
	16 Jun 2000	£96,500	75.45%
	16 Dec 1996	£55,000	First Sale
3 MILLFIELDS CLOSESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1930-1949	22 Sep 1999	£106,000	First Sale
9 MILLFIELD CLOSESemi-Detached, FreeholdArea: 87.32 Sq.mtrAge: 1950-1966	20 Dec 1996	£40,000	First Sale

Check out the sold house prices near the BR5 2LQ postcode. Properties currently for saleProperties currently for rent

MILLFIELDS CLOSE, BR5 2LQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BR5 2LQ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BR5 2LQ postcode.

Terraced
- The average price is around £182,359 median price is £169,950 Standard Deviation is £99,326 with Total Sold: 989
- The Last 5 Year average price is £330,639 with Total Sold: 143
- The most recent sale happened at this postcode is , 31 FURZEHILL SQUARE: £375,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 110 BRANTWOOD WAY: £48,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £219,308 median price is £195,000 Standard Deviation is £124,319 with Total Sold: 629
- The Last 5 Year average price is £411,607 with Total Sold: 105
- The most recent sale happened at this postcode is , 32 PRIORSFORD AVENUE: £523,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 28 LONGBURY DRIVE: £63,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £142,418 median price is £131,500 Standard Deviation is £74,711 with Total Sold: 634
- The Last 5 Year average price is £219,487 with Total Sold: 108
- The most recent sale happened at this postcode is FLAT 9, SUMMIT HOUSE, 3 HARBLEDOWN PLACE: £240,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 60 SAXVILLE ROAD: £47,000 (Sold on 21 Feb 1995)
Other
- The average price is around £4,381,478 median price is £432,300 Standard Deviation is £9,582,915 with Total Sold: 48
- The Last 5 Year average price is £5,036,015 with Total Sold: 25
- The most recent sale happened at this postcode is , 66 HIGH STREET: £187,500 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 36 HIGH STREET: £150,000 (Sold on 25 Apr 2014)
Detached
- The average price is around £319,905 median price is £260,000 Standard Deviation is £183,390 with Total Sold: 81
- The Last 5 Year average price is £560,545 with Total Sold: 11
- The most recent sale happened at this postcode is , 18 LYNMOUTH RISE: £710,000 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is , 10 LYNMOUTH RISE: £155,000 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£365,000	£5,403	5
2023	£332,354	£4,475	24
2022	£351,569	£6,294	30
2021	£340,357	£4,669	35
2020	£320,970	£4,301	25
2019	£291,500	£3,841	24
2018	£303,353	£6,378	32
2017	£285,457	£5,289	27
2016	£292,768	£3,983	28
2015	£273,918	£3,307	31
2014	£245,128	£2,966	58
2013	£168,048	£2,485	31
2012	£181,282	£4,422	14
2011	£179,423	£2,549	13
2010	£178,725	£2,498	20
2009	£171,785	£4,031	20
2008	£196,333	£2,769	24
2007	£185,855	£2,566	50
2006	£165,669	£2,291	46
2005	£166,074	£2,188	36
2004	£160,363	£3,143	45
2003	£142,366	£1,994	38
2002	£120,209	£1,657	52
2001	£97,253	£1,552	44
2000	£94,047	£1,638	50
1999	£80,823	£1,201	37
1998	£64,928	£980	28
1997	£59,662	£878	32
1996	£62,886	£957	65
1995	£55,710	£782	25

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£419,125	£5,015	8
2023	£487,316	£5,006	19
2022	£469,120	£5,465	15
2021	£401,718	£4,858	32
2020	£351,071	£4,257	14
2019	£341,176	£4,074	17
2018	£341,714	£4,424	14
2017	£330,737	£3,933	19
2016	£321,135	£4,216	20
2015	£296,885	£3,355	23
2014	£280,790	£3,198	25
2013	£230,706	£2,883	17
2012	£215,780	£2,399	23
2011	£207,400	£2,505	10
2010	£199,312	£2,523	8
2009	£195,050	£2,209	10
2008	£231,994	£2,427	9
2007	£218,291	£2,380	34
2006	£186,155	£2,346	29
2005	£207,060	£2,188	13
2004	£183,545	£2,142	33
2003	£169,100	£2,097	29
2002	£132,697	£1,611	32
2001	£134,761	£1,481	31
2000	£107,986	£1,369	28
1999	£92,654	£1,058	27
1998	£87,371	£1,059	12
1997	£76,805	£868	26
1996	£66,920	£860	27
1995	£60,823	£730	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,944	£5,366	9
2023	£280,667	£4,812	9
2022	£220,830	£4,428	22
2021	£245,444	£4,528	27
2020	£173,136	£3,202	22
2019	£201,726	£3,511	19
2018	£183,056	£3,823	18
2017	£192,773	£3,541	26
2016	£210,944	£3,737	18
2015	£209,346	£3,642	44
2014	£184,810	£3,334	53
2013	£144,417	£2,736	12
2012	£116,409	£2,382	11
2011	£127,667	£2,178	6
2010	£128,125	£1,818	4
2009	£108,120	£2,204	10
2008	£149,542	£3,191	13
2007	£124,127	£2,459	40
2006	£126,507	£2,449	35
2005	£134,200	£2,364	22
2004	£130,325	£2,394	21
2003	£111,445	£2,144	23
2002	£88,916	£1,911	26
2001	£76,546	£1,504	29
2000	£69,120	£1,328	22
1999	£60,839	£1,188	19
1998	£51,543	£1,085	22
1997	£43,252	£920	30
1996	£41,933	£826	12
1995	£37,250	£814	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£261,250		2
2023	£487,708	£4,253	4
2022	£286,000		1
2021	£1,480,196	£24,046	6
2020	£993,588	£927	7
2019	£21,460,951	£2,191	5
2018	£3,394,567	£3,381	9
2017	£5,958,080	£3,019	6
2016	£146,660		2
2015	£3,533,534		5
2014	£150,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£630,000	£7,740	2
2022	£582,500	£3,883	2
2021	£567,667	£4,940	3
2020	£531,000	£4,635	3
2019	£445,000	£3,618	1
2018	£488,333	£5,259	3
2017	£458,750	£4,935	6
2016	£555,000	£5,761	2
2015	£627,630	£4,158	4
2014	£396,833	£3,298	3
2013	£370,000	£3,023	2
2011	£345,000	£2,172	1
2010	£329,167	£3,204	3
2009	£260,000	£2,309	2
2008	£229,000	£3,056	1
2007	£245,000	£1,885	1
2006	£275,000	£2,222	2
2004	£234,000	£2,410	4
2003	£224,500	£1,831	7
2002	£274,090	£1,740	5
2001	£186,500	£1,627	5
2000	£164,612	£1,629	4
1999	£115,369	£931	1
1998	£104,000	£984	3
1997	£106,286	£929	7
1995	£115,250	£920	4

House Type in BR5 2LQ area

The most common house types in the BR5 2LQ postcode area are Terraced (50), Semi-detached (49), and Flat (12).

Total	115
Terraced	50
Semi-detached	49
Flat	12
Detached	3
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (56), and Owned: Owns with a mortgage or loan (22).

Social rented: Other social rented	56
Owned: Owns with a mortgage or loan	22
Private rented: Private landlord or letting agency	16
Owned: Owns outright	11
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the BR5 2LQ have 1 person in household (37), and 2 people in household (31).

1 person in household	37
2 people in household	31
3 people in household	22
4 people in household	9
5 people in household	8
6 people in household	8
8 or more people in household	2
0 people in household	0
7 people in household	0