Flat 2 42 Palace Grove

    FLAT 2 42, PALACE GROVE, BROMLEY, BR1 3HB

    This flat/maisonette leasehold property on Palace Grove last sold in January 2024 for £250,000. Based on price growth in the BR1 district since then, its estimated current value is £258,626 — placing it in the 40th percentile nationally and the 6th percentile within BR1. The property covers 62 m² (667 sq ft), giving an estimated value of £4,171 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £250,000

    Jan 2024

    Estimated Valuation

    £258,626

    Est. £/sq ft

    £387/sq ft

    £4,171/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateOct 2020
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    12 Jan 2024

    £250,000

    Key Metrics

    Estimated valuation£258,626
    Value per sq ft / m²£387/sq ft (£4,171/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile6th percentile
    National percentile40th percentile

    District Context — BR1

    BR1 covers Bromley town centre and surrounding areas in Greater London's south-east. It is an affluent, established residential district with strong professional employment and family-oriented communities.

    Average Property Price - BR1

    £536,484

    84

    National percentile

    Average Net Household Income - BR1

    £55,816

    96

    National percentile

    10-Year Annualised Price Growth - BR1

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - BR

    3.4%

    21

    National percentile

    View full analysis for BR1

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