Bromley property prices

The average property price in Bromley postcode area is £551k. The average price increased by £39.2k (8%) over the last twelve months. The price of an established property is £552k. The price of a newly built property is £496k. There were 4.1k property sales and sales increased by 14.9% (592 transactions). Most properties were sold in the £500k-£750k price range with 1267 (30.8%) properties sold, followed by £300k-£400k price range with 929 (22.6%) properties sold.

November 2020 - October 2021

Bromley postcode area

England and Wales

£551k

average property price

£342k

average property price

8%

average price percentage change

10%

average price percentage change

£39.2k

average price change

£32.2k

average price change

Bromley house prices map

This price map shows the average property price in a given postcode sector between November 2020 - October 2021. The most affordable place was 'BR1 1' with the average price of £295k. The most expensive place was 'BR2 6', £1.4M.

Bromley house prices map

Bromley house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between November 2020 - October 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Bromley house prices compared to other areasAverage price percentage change
Average property price

Bromley house price rank

With the average price of £551k, Bromley is the 14. most pricey postcode area out of 105 England and Wales' postcode areas.

Bromley house price rank

Bromley property sales share by price range

shows a number of properties sold in a given price range between November 2020 - October 2021.

Bromley property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.3%11
£100k-£150k0.5%19
£150k-£200k1.2%49
£200k-£250k3.1%129
£250k-£300k6.3%259
£300k-£400k22.6%929
£400k-£500k19.9%817
£500k-£750k30.8%1.3k
£750k-£1M9.6%394
over £1M5.7%236

Bromley cost comparison of new homes and older homes

November 2020 - October 2021

Bromley cost comparison of new homes and older homes

£496k

A newly built property

£552k

An established property

Bromley cost comparison of houses and flats

November 2020 - October 2021

Bromley cost comparison of houses and flats

£941k

Detached

£340k

Flat

£571k

Semi-Detached

£460k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Bromley real house prices

Yearly average nominal house prices adjusted for inflation.

Bromley real house prices

Bromley house prices

Yearly average nominal prices compared to England & Wales' house prices

Bromley house prices

Bromley house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Bromley house prices per square meter

Bromley house prices and nearby areas

Yearly average nominal prices

Bromley house prices and nearby areas

Bromley house prices by property type

Yearly average nominal prices

Bromley house prices by property type

Bromley house price to earnings ratio

The median property price to median earnings ratio in Bromley is 10.6. Ie. Bromley resident with middle-income needs 10.6 gross annual salaries to buy a medium-priced property. Resident in Bromley needs 10.6 annual salaries. The England and Wales ratio was 7.69 in 2020.
Bromley house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
England and Wales7.69
Bromley10.6

Other reports for Bromley postcode area

house prices per square meter

new home prices

property transactions

home features

population statistics

home energy certificates

crime statistics

salary and unemployment

energy costs

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