Bromley property prices

The average property price in Bromley postcode area is £548k. The average price increased by £47.4k (9%) over the last twelve months. The price of an established property is £548k. The price of a newly built property is £470k. There were 4.3k property sales and sales increased by 12.8% (518 transactions). Most properties were sold in the £500k-£750k price range with 1360 (31.9%) properties sold, followed by £300k-£400k price range with 949 (22.3%) properties sold.

September 2020 - August 2021

Bromley postcode area

England and Wales

£548k

average property price

£339k

average property price

9%

average price percentage change

12%

average price percentage change

£47.4k

average price change

£35.7k

average price change

Bromley house prices map

This price map shows the average property price in a given postcode sector between September 2020 - August 2021. The most affordable place was 'BR1 1' with the average price of £309k. The most expensive place was 'BR2 6', £1.3M.

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 September 2020 - August 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 £548k, 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 September 2020 - August 2021.

Bromley property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.3%12
£100k-£150k0.5%21
£150k-£200k1.1%47
£200k-£250k3.0%127
£250k-£300k6.3%270
£300k-£400k22.3%949
£400k-£500k19.7%841
£500k-£750k31.9%1.4k
£750k-£1M9.4%402
over £1M5.5%234

Bromley cost comparison of new homes and older homes

September 2020 - August 2021

Bromley cost comparison of new homes and older homes

£470k

A newly built property

£548k

An established property

Bromley cost comparison of houses and flats

September 2020 - August 2021

Bromley cost comparison of houses and flats

£910k

Detached

£339k

Flat

£563k

Semi-Detached

£465k

Terraced

Bromley property price by number of rooms

The average nominal property price by number of rooms. Kitchen is included in the number of rooms.

Average price by number of rooms

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 10.7. Ie. Bromley resident with middle-income needs 10.7 gross annual salaries to buy a medium-priced property. Resident in Bromley needs 10.7 annual salaries. The England and Wales ratio was 7.7 in 2019.
Bromley house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Bromley10.7

Other reports for Bromley postcode area

house prices per square meter

new home prices

property transactions

crime statistics

energy costs

salary and unemployment

home features

home energy certificates

population statistics

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