House Prices in BR1 House Prices in BR1 (Bromley)

The average house price in BR1 (Bromley) is £461,925 using HM Land Registry data.

The average property price decreased by £17,122 (-14.52%) over the last 5 years and decreased by £3,422 (-2.37%) over the last 12 months.

Over the last year, there were 513 residential property sales – a decrease of 31 transactions (-6.04%) relative to the previous year. The majority of house sales (139) were in the £270,000 - £402,000 range. Then came properties in the £402,000 - £534,000 range, where 122 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,009 (-2%).

In May 2025, there were 139 new estate agency instructions, 80 agreed home sales and 88 property price reductions.

5-Year Average Property Prices in BR1 (Bromley)

14.52%

Property prices in BR1 (Bromley) increased by 14.52% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BR1 (Bromley) Over the Last Year

2.37%

Property prices in BR1 (Bromley) increased by 2.37% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BR1 (Bromley) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BR1 (Bromley)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BR1 (Bromley)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BR1 (Bromley)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BR1 (Bromley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BR1 postcode area since 1995.

Recent Sales in BR1 (Bromley)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
47 Heathfield Road, Bromley, Greater London, BR1 3RW£525,000£500,000-£25,00018 Jun 202425 Feb 2025252 Days
503 Downham Way, Bromley, Greater London, BR1 5HU£400,000£385,000-£15,00018 Oct 202421 Feb 2025126 Days
3 Wanstead Road, Bromley, Greater London, BR1 3BL£625,000£625,000£001 Nov 202421 Feb 2025112 Days
3 Ballamore Road, Bromley, Greater London, BR1 5LN£400,000£390,000-£10,00015 Aug 202414 Feb 2025183 Days
43 Farnaby Road, Bromley, Greater London, BR1 4BL£1,300,000£1,260,000-£40,00019 Sep 202407 Feb 2025141 Days
38d, Madeira Avenue, Bromley, Greater London, BR1 4AY£375,000£370,000-£5,00026 Jun 202403 Feb 2025222 Days
6 Ullswater Close, Bromley, Greater London, BR1 4JF£500,000£500,000£006 Dec 202403 Feb 202559 Days
77 College Road, Bromley, Greater London, BR1 3QG£850,000£810,000-£40,00028 Aug 202431 Jan 2025156 Days
20 Beachborough Road, Bromley, Greater London, BR1 5RL£575,000£567,000-£8,00012 Aug 202431 Jan 2025172 Days
119 Glenbow Road, Bromley, Greater London, BR1 4NL£400,000£400,000£026 Jun 202431 Jan 2025219 Days
6 The Pantiles, Bromley, Greater London, BR1 2BX£550,000£530,000-£20,00027 Sep 202431 Jan 2025126 Days
14 Warren Avenue, Bromley, Greater London, BR1 4BS£895,000£855,000-£40,00001 Oct 202417 Jan 2025108 Days
47 Fairmead, Bromley, Greater London, BR1 2JT£525,000£515,000-£10,00008 Jun 202414 Jan 2025220 Days
44 Harwood Avenue, Bromley, Greater London, BR1 3DU£1,000,000£955,000-£45,00027 Sep 202410 Jan 2025105 Days
87 Canon Road, Bromley, Greater London, BR1 2SL£450,000£435,000-£15,00025 Jul 202410 Jan 2025169 Days
26 Ambleside, Bromley, Greater London, BR1 4DN£380,000£365,000-£15,00009 Jul 202408 Jan 2025183 Days
71 Madeira Avenue, Bromley, Greater London, BR1 4AR£650,000£650,000£020 May 202403 Jan 2025228 Days
41 Mornington Avenue, Bromley, Greater London, BR1 2RE£475,000£465,000-£10,00009 Oct 202419 Dec 202471 Days
58a, Morgan Road, Bromley, Greater London, BR1 3QF£330,000£328,000-£2,00020 Jul 202419 Dec 2024152 Days
5 Oak Tree Gardens, Sundridge, Bromley, Greater London, BR1 5BQ£625,000£625,000£030 Sep 202418 Dec 202479 Days

Most Expensive Streets in BR1 (Bromley)

PostcodeStreetAreaAverageNo. of Sales
BR1 2QDSundridge AvenueBromley£2,340,0003
BR1 2BDWoodlands Close, BickleyBromley£2,133,3333
BR1 3LUGarden RoadBromley£2,091,6663
BR1 3LXGarden RoadBromley£1,995,0004
BR1 2ADWoodlands Road, BickleyBromley£1,801,5005
BR1 3NDLodge RoadBromley£1,728,3333
BR1 3ARPlaistow LaneBromley£1,693,3333
BR1 2PQHill BrowBromley£1,590,8336
BR1 2LEOldfield Road, BickleyBromley£1,566,6663
BR1 2QASundridge AvenueBromley£1,517,4005

Least Expensive Streets in BR1 (Bromley)

PostcodeStreetAreaAverageNo. of Sales
BR1 3HGPalace GroveBromley£95,57114
BR1 3AEWidmore RoadBromley£98,08312
BR1 3LJKendall Lodge, Willow Tree WalkBromley£109,5004
BR1 1TTElizabeth Wheeler House, The MallBromley£174,5007
BR1 1BQNewman Court, North Street, BromleyBromley£198,36311
BR1 5JNGladys Court, Reigate RoadBromley£220,8333
BR1 3LQHigh Tor CloseBromley£221,3754
BR1 4AXTownend Court, Grasmere RoadBromley£228,0006
BR1 4PABroadway House, Bromley RoadBromley£232,0004
BR1 4HXRussell Court, London LaneBromley£243,00811

Explore BR1 (Bromley) using map

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