40 Palace Road

    40, PALACE ROAD, BROMLEY, BR1 3JU

    This terraced freehold property on Palace Road last sold in July 2018 for £505,000. Based on price growth in the BR1 district since then, its estimated current value is £615,013 — placing it in the 87th percentile nationally and the 69th percentile within BR1. The property covers 85 m² (915 sq ft), giving an estimated value of £7,235 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £505,000

    Jul 2018

    Estimated Valuation

    £615,013

    Est. £/sq ft

    £672/sq ft

    £7,235/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateSept 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jul 2018

    £505,000

    26 Nov 1998

    £120,000

    31 Aug 1995

    £75,500

    Key Metrics

    Estimated valuation£615,013
    Value per sq ft / m²£672/sq ft (£7,235/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile69th 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

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