Housing Market Analysis for SOUTHWOOD CLOSE, BR1 2LU

Are you looking to understand BR1 2LU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Bromley postcode.

For the location information and nearby amenities in the BR1 2LU area, explore the BR1 2LU Area information page.
For comprehensive crime statistics in the BR1 2LU area, explore the BR1 2LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BR1 2LU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £435,812 median price is £372,250 Standard Deviation is £152,717 with Total Sold: 8
    • The Last 5 Year average price is £637,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 44 SOUTHWOOD CLOSE: £665,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 41 SOUTHWOOD CLOSE: £245,000 (Sold on 05 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average BR1 2LU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£665,000 £6,456 1
2021£610,000 £5,545 1
2016£600,000 £5,236 1
2012£355,000 £3,098 1
2007£389,500 £3,399 1
2003£327,000 £3,406 1
2002£270,000 £2,501 2

All the Sales in the SOUTHWOOD CLOSE, BR1 2LU

See the table below for more details on the sold house prices in the BR1 2LU, Bromley postcode.

AddressSold DatePrice% Change
44 SOUTHWOOD CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1967-197510 Feb 2023£665,000125.42%
29 Jul 2002£295,000First Sale
45 SOUTHWOOD CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1930-194919 Nov 2021£610,000First Sale
41 SOUTHWOOD CLOSEDetached, FreeholdArea: 114.6 Sq.mtrAge: 1976-198219 Aug 2016£600,00069.01%
22 Jun 2012£355,000-8.86%
27 Apr 2007£389,50058.98%
05 Apr 2002£245,000First Sale
43 SOUTHWOOD CLOSEDetached, FreeholdArea: 96 Sq.mtrAge: 1967-197515 Apr 2003£327,000First Sale

Check out the sold house prices near the BR1 2LU postcode. Properties currently for saleProperties currently for rent

SOUTHWOOD CLOSE, BR1 2LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BR1 2LU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BR1 2LU postcode.

  • Detached
    • The average price is around £687,915 median price is £630,000 Standard Deviation is £381,084 with Total Sold: 677
    • The Last 5 Year average price is £1,106,936 with Total Sold: 98
    • The most recent sale happened at this postcode is , 4 FIDGEON CLOSE: £1,100,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 ST MATTHEWS DRIVE: £164,500 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £406,696 median price is £367,500 Standard Deviation is £246,809 with Total Sold: 335
    • The Last 5 Year average price is £728,518 with Total Sold: 60
    • The most recent sale happened at this postcode is , 40 SPRINGFIELD GARDENS: £690,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 FAIRMEAD: £78,500 (Sold on 21 Mar 1995)
  • Flat
    • The average price is around £246,580 median price is £227,950 Standard Deviation is £145,325 with Total Sold: 129
    • The Last 5 Year average price is £383,042 with Total Sold: 24
    • The most recent sale happened at this postcode is FLAT 5, 6 PARK HILL: £325,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , 233 SOUTHBOROUGH LANE: £52,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £578,000 median price is £296,000 Standard Deviation is £739,131 with Total Sold: 5
    • The Last 5 Year average price is £720,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , CARRINGTON, 1 TIMMS CLOSE: £2,000,000 (Sold on 20 Feb 2024)
    • The first recorded sale happened at this postcode is , 227 SOUTHBOROUGH LANE: £7,000 (Sold on 04 Feb 2016)
  • Terraced
    • The average price is around £316,803 median price is £270,000 Standard Deviation is £170,759 with Total Sold: 73
    • The Last 5 Year average price is £567,773 with Total Sold: 11
    • The most recent sale happened at this postcode is , 1 BLACKBROOK LANE: £750,000 (Sold on 05 Feb 2024)
    • The first recorded sale happened at this postcode is , 67 THE FAIRWAY: £71,000 (Sold on 22 Dec 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,035,417 £5,914 6
2023£1,126,591 £5,511 11
2022£1,266,464 £6,748 14
2021£1,126,889 £6,305 27
2020£1,140,282 £5,710 22
2019£924,000 £6,370 18
2018£1,089,636 £5,037 22
2017£1,075,260 £5,406 25
2016£918,884 £5,108 18
2015£807,639 £5,625 22
2014£792,720 £4,253 25
2013£879,362 £4,179 21
2012£679,803 £4,209 21
2011£842,024 £3,354 21
2010£745,671 £3,614 26
2009£580,717 £3,056 23
2008£696,000 £2,962 9
2007£723,486 £3,727 39
2006£712,493 £3,354 40
2005£700,756 £3,064 25
2004£531,268 £2,957 27
2003£525,568 £3,046 36
2002£409,282 £2,380 28
2001£377,069 £2,112 21
2000£390,115 £1,976 27
1999£324,285 £1,798 23
1998£244,967 £1,587 15
1997£244,358 £1,399 25
1996£207,557 £1,127 26
1995£198,357 £1,155 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£970,714 £7,362 7
2023£682,500 £8,269 8
2022£850,906 £6,085 10
2021£700,042 £5,802 12
2020£707,222 £5,420 9
2019£584,393 £4,965 14
2018£663,125 £5,457 8
2017£582,969 £5,092 8
2016£523,167 £4,597 6
2015£494,997 £4,874 18
2014£476,075 £4,379 16
2013£415,864 £3,575 11
2012£345,338 £3,182 9
2011£387,346 £3,171 13
2010£333,333 £3,076 9
2009£358,833 £3,305 15
2008£374,000 £3,210 5
2007£367,830 £3,407 15
2006£323,336 £2,663 19
2005£382,192 £2,549 13
2004£328,969 £2,674 16
2003£312,812 £2,504 8
2002£251,636 £2,172 14
2001£241,028 £1,973 16
2000£178,400 £1,630 5
1999£214,190 £1,552 10
1998£133,583 £1,115 6
1997£130,672 £1,100 16
1996£124,877 £915 13
1995£100,423 £1,039 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,0001
2023£472,500 £6,509 3
2022£427,000 £4,503 6
2021£363,100 £5,918 5
2020£282,600 £5,832 5
2019£415,000 £5,100 4
2018£365,071 £5,271 7
2017£595,000 £5,509 1
2016£501,633 £4,542 3
2015£415,938 £6,771 4
2014£229,000 £4,982 2
2013£247,490 £3,671 5
2012£276,250 £2,858 4
2010£353,000 £2,937 1
2009£297,500 £2,411 2
2008£330,000 £2,463 1
2007£245,395 £3,054 7
2006£220,719 £3,390 13
2005£207,350 £2,982 5
2004£195,250 £2,384 8
2003£261,667 £2,386 3
2002£181,890 £1,850 5
2001£184,917 £1,852 6
2000£58,999 £1,780 4
1999£74,667 £1,816 3
1998£119,167 £1,140 6
1997£65,158 £1,250 6
1996£92,000 £883 5
1995£50,625 £1,160 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,000,0001
2019£294,333 £139 3
2016£7,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£750,0001
2022£670,000 £10,637 2
2021£502,500 £5,723 2
2020£642,833 £5,407 3
2019£407,333 £5,768 3
2018£417,500 £5,008 4
2017£457,750 £4,823 4
2016£560,000 £6,319 2
2015£405,000 £4,451 1
2014£362,750 £6,361 2
2013£270,000 £3,132 3
2012£295,000 £2,957 2
2011£309,500 £3,169 2
2010£290,000 £2,948 3
2009£261,000 £2,191 3
2008£277,500 £4,597 3
2007£225,000 £1,829 1
2006£214,400 £2,121 5
2005£230,375 £2,434 4
2004£208,390 £2,237 5
2003£281,833 £2,378 3
2002£204,975 £1,805 2
2001£207,238 £1,560 4
2000£303,500 £1,500 2
1999£111,7501
1998£98,100 £1,062 5
1997£71,0001

House Type in BR1 2LU area

The most common house types in the BR1 2LU postcode area are Flat (75), Detached (59), and Shared house (4).

Total143
Flat75
Detached59
Shared house4
Terraced3
Semi-detached2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (70), and Owned: Owns outright (40).

Social rented: Other social rented70
Owned: Owns outright40
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the BR1 2LU have 1 person in household (79), and 2 people in household (33).

1 person in household79
2 people in household33
3 people in household13
4 people in household13
5 people in household3
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0