2 Palace Road

    2, PALACE ROAD, BROMLEY, BR1 3JT

    This semi-detached freehold property on Palace Road last sold in April 2016 for £481,120. Based on price growth in the BR1 district since then, its estimated current value is £595,402 — placing it in the 86th percentile nationally and the 67th percentile within BR1. The property covers 106 m² (1,141 sq ft), giving an estimated value of £5,617 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £481,120

    Apr 2016

    Estimated Valuation

    £595,402

    Est. £/sq ft

    £522/sq ft

    £5,617/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageB
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateSept 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Apr 2016

    £481,120

    3 Dec 2004

    £248,000

    25 Apr 1997

    £92,000

    Key Metrics

    Estimated valuation£595,402
    Value per sq ft / m²£522/sq ft (£5,617/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile67th percentile
    National percentile86th 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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