16 Palace Road

    16, PALACE ROAD, BROMLEY, BR1 3JT

    This terraced freehold property on Palace Road last sold in December 2018 for £520,000. Based on price growth in the BR1 district since then, its estimated current value is £633,281 — placing it in the 87th percentile nationally and the 71st percentile within BR1. The property covers 83 m² (893 sq ft), giving an estimated value of £7,630 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £520,000

    Dec 2018

    Estimated Valuation

    £633,281

    Est. £/sq ft

    £709/sq ft

    £7,630/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateOct 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2018

    £520,000

    5 Dec 2012

    £237,000

    Key Metrics

    Estimated valuation£633,281
    Value per sq ft / m²£709/sq ft (£7,630/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile71st percentile
    National percentile87th 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

    More properties in BR1

    Streets in BR1

    Explore nearby