38 Palace Road

    38, PALACE ROAD, BROMLEY, BR1 3JT

    This flat/maisonette leasehold property on Palace Road last sold in September 2021 for £310,000. Based on price growth in the BR1 district since then, its estimated current value is £328,601 — placing it in the 55th percentile nationally and the 16th percentile within BR1. The property covers 87 m² (936 sq ft), giving an estimated value of £3,777 per m². The EPC rating is A, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £310,000

    Sept 2021

    Estimated Valuation

    £328,601

    Est. £/sq ft

    £351/sq ft

    £3,777/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area936 sq ft (87 m²)
    EPC dateJul 2018
    WallsAverage thermal transmittance 0.19 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2021

    £310,000

    25 Oct 2013

    £199,995

    3 Mar 2011

    £170,000

    21 Dec 2001

    £117,000

    7 May 1999

    £71,000

    Key Metrics

    Estimated valuation£328,601
    Value per sq ft / m²£351/sq ft (£3,777/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile16th percentile
    National percentile55th 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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