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House Prices in BR1

The average house price in BR1 (Bromley) is £519,143 using HM Land Registry data.

The average property price increased by £25,429 (14.52%) over the last 5 years and increased by £5,095 (2.37%) over the last 12 months.

Over the last year, there were 513 residential property sales – a decrease of 27 transactions (-5.26%) relative to the previous year. The majority of house sales (142) were in the £394,000 - £528,000 range. Then came properties in the £260,000 - £394,000 range, where 131 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 223 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,009 (-2%).

In February 2025, there were 129 new estate agency instructions, 99 agreed home sales and 43 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.

Property Market Heat Gauge for BR1 (Bromley) - February 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
14 Warren Avenue, Bromley, Greater London, BR1 4BS	£895,000	£855,000	-£40,000	01 Oct 2024	17 Jan 2025	108 Days
47 Fairmead, Bromley, Greater London, BR1 2JT	£525,000	£515,000	-£10,000	08 Jun 2024	14 Jan 2025	220 Days
44 Harwood Avenue, Bromley, Greater London, BR1 3DU	£1,000,000	£955,000	-£45,000	27 Sep 2024	10 Jan 2025	105 Days
87 Canon Road, Bromley, Greater London, BR1 2SL	£450,000	£435,000	-£15,000	25 Jul 2024	10 Jan 2025	169 Days
26 Ambleside, Bromley, Greater London, BR1 4DN	£380,000	£365,000	-£15,000	09 Jul 2024	08 Jan 2025	183 Days
71 Madeira Avenue, Bromley, Greater London, BR1 4AR	£650,000	£650,000	£0	20 May 2024	03 Jan 2025	228 Days
41 Mornington Avenue, Bromley, Greater London, BR1 2RE	£475,000	£465,000	-£10,000	09 Oct 2024	19 Dec 2024	71 Days
58a, Morgan Road, Bromley, Greater London, BR1 3QF	£330,000	£328,000	-£2,000	20 Jul 2024	19 Dec 2024	152 Days
5 Oak Tree Gardens, Sundridge, Bromley, Greater London, BR1 5BQ	£625,000	£625,000	£0	30 Sep 2024	18 Dec 2024	79 Days
174 Moorside Road, Bromley, Greater London, BR1 5ET	£375,000	£375,000	£0	13 Aug 2024	18 Dec 2024	127 Days
42 Cedar Road, Bromley, Greater London, BR1 3BZ	£650,000	£610,000	-£40,000	18 Jul 2024	18 Dec 2024	153 Days
1 Aspen Copse, Bromley, Greater London, BR1 2NZ	£1,000,000	£1,000,000	£0	26 Sep 2024	17 Dec 2024	82 Days
61 Hillcrest Road, Bromley, Greater London, BR1 4RX	£450,000	£450,000	£0	16 Jul 2024	10 Dec 2024	147 Days
86 Park End, Bromley, Greater London, BR1 4AW	£525,000	£485,000	-£40,000	20 Sep 2024	09 Dec 2024	80 Days
16 Canon Road, Bromley, Greater London, BR1 2SN	£550,000	£550,000	£0	13 May 2024	05 Dec 2024	206 Days
5 Falcon Avenue, Bromley, Greater London, BR1 2EH	£975,000	£975,000	£0	25 Nov 2024	03 Dec 2024	8 Days
12 South Street, Bromley, Greater London, BR1 1RH	£525,000	£500,000	-£25,000	19 Jul 2024	29 Nov 2024	133 Days
39 Ivorydown, Bromley, Greater London, BR1 5EJ	£400,000	£397,000	-£3,000	28 Feb 2024	28 Nov 2024	274 Days
39 Hope Park, Bromley, Greater London, BR1 3RG	£275,000	£270,000	-£5,000	19 Apr 2024	28 Nov 2024	223 Days
Nursery Cottage, Garden Lane, Bromley, Greater London, BR1 3NB	£1,395,000	£1,250,000	-£145,000	06 Feb 2024	26 Nov 2024	294 Days

Most Expensive Streets in BR1 (Bromley)

Postcode	Street	Area	Average	No. of Sales
BR1 2QD	Sundridge Avenue	Bromley	£2,340,000	3
BR1 2BD	Woodlands Close	Bromley	£2,133,333	3
BR1 3LU	Garden Road	Bromley	£2,091,666	3
BR1 2AD	Woodlands Road	Bromley	£1,801,500	5
BR1 3LX	Garden Road	Bromley	£1,793,333	3
BR1 3ND	Lodge Road	Bromley	£1,728,333	3
BR1 3AR	Plaistow Lane	Bromley	£1,693,333	3
BR1 2PQ	Hill Brow	Bromley	£1,590,833	6
BR1 2LE	Oldfield Road	Bromley	£1,566,666	3
BR1 2WF	Berryfield Close	Bromley	£1,496,666	3

Least Expensive Streets in BR1 (Bromley)

Postcode	Street	Area	Average	No. of Sales
BR1 3AE	Widmore Road	Bromley	£96,450	10
BR1 3HG	Palace Grove	Bromley	£96,576	13
BR1 3LJ	Kendall Lodge, Willow Tree Walk	Bromley	£106,500	3
BR1 1TT	The Mall	Bromley	£174,500	7
BR1 1BQ	Newman Court, North Street, Bromley	Bromley	£195,166	12
BR1 5JN	Reigate Road	Bromley	£220,833	3
BR1 3LQ	High Tor Close	Bromley	£230,166	3
BR1 4PA	Broadway House, Bromley Road	Bromley	£232,000	4
BR1 4AX	Townend Court, Grasmere Road	Bromley	£233,600	5
BR1 4HX	London Lane	Bromley	£235,700	10