Housing Market Analysis for PALACE GROVE, BR1 3HB

Are you looking to understand BR1 3HB 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 3HB area, explore the BR1 3HB Area information page.
For comprehensive crime statistics in the BR1 3HB area, explore the BR1 3HB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BR1 3HB postcode area, The average prices are as follows,

Flat
- The average price is around £195,197 median price is £180,000 Standard Deviation is £101,141 with Total Sold: 33
- The Last 5 Year average price is £267,250 with Total Sold: 4
- The most recent sale happened at this postcode is 37 PALACE GROVE: £240,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is FLAT 3, 42 PALACE GROVE: £449,000 (Sold on 09 Nov 2021)
Other
- The average price is around £164,667 median price is £5,000 Standard Deviation is £228,282 with Total Sold: 3
- The Last 5 Year average price is £244,500 with Total Sold: 2
- The most recent sale happened at this postcode is 36 PALACE GROVE: £1,500 (Sold on 12 Apr 2021)
- The first recorded sale happened at this postcode is 42 PALACE GROVE: £5,000 (Sold on 02 Jul 2018)
Semi-Detached
- The average price is around £284,875 median price is £205,250 Standard Deviation is £196,765 with Total Sold: 4
- The most recent sale happened at this postcode is 42 PALACE GROVE: £615,000 (Sold on 30 Oct 2015)
- The first recorded sale happened at this postcode is 39 PALACE GROVE: £250,000 (Sold on 20 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average BR1 3HB 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£240,000	£6,316	1
2021	£289,500	£5,812	2
2018	£480,000	£4,400	1
2015	£320,000	£4,922	2
2014	£365,000	£3,842	1
2013	£239,000	£3,274	1
2011	£185,714	£5,112	7
2010	£223,500	£3,062	1
2007	£165,000		1
2006	£157,000		2
2005	£188,000	£1,979	1
2004	£105,000		1
2003	£157,833	£2,507	3
2002	£137,833	£1,925	3
2001	£82,000	£1,864	1
2000	£129,000	£1,767	1
1999	£122,000	£1,118	1
1998	£86,000		1
1996	£47,000	£1,115	1
2024	£250,000	£4,032	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£1,500	£13	1
2020	£487,500		1
2018	£5,000	£33	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£615,000	£4,046	1
2005	£160,500		1
2000	£182,000		2

All the Sales in the PALACE GROVE, BR1 3HB

See the table below for more details on the sold house prices in the BR1 3HB, Bromley postcode.

Address	Sold Date	Price	% Change
37 PALACE GROVEFlat, LeaseholdArea: 38 Sq.mtrAge: 1900-1929	28 Jul 2023	£240,000	3.45%
	31 Jul 2015	£232,000	25.41%
	20 Jan 2011	£185,000	First Sale
37B PALACE GROVEFlat, LeaseholdArea: 18.34 Sq.mtrAge: 1930-1949	06 May 2021	£130,000	-13.33%
	01 Sep 2011	£150,000	First Sale
36 PALACE GROVEOther, FreeholdArea: 115.04 Sq.mtrAge: 1950-1966	12 Apr 2021	£1,500	First Sale
UPPER FLAT, 36 PALACE GROVEOther, Leasehold	24 Sep 2020	£487,500	116.67%
UPPER FLAT, 36 PALACE GROVEOther, Leasehold	27 May 2011	£225,000	First Sale
35B PALACE GROVEFlat, LeaseholdArea: 109.1 Sq.mtrAge: 1900-1929	14 Dec 2018	£480,000	17.65%
	21 Dec 2015	£408,000	70.71%
	27 Oct 2003	£239,000	13.81%
	31 Oct 2002	£210,000	72.13%
	30 Apr 1999	£122,000	First Sale
42 PALACE GROVEOther, FreeholdArea: 152 Sq.mtrAge: before 1900	02 Jul 2018	£5,000	-99.19%
	30 Oct 2015	£615,000	First Sale
44B PALACE GROVEFlat, LeaseholdArea: 95 Sq.mtrAge: before 1900	03 Oct 2014	£365,000	94.15%
	10 Jun 2005	£188,000	First Sale
FLAT A, 34 PALACE GROVEFlat, LeaseholdArea: 73 Sq.mtrAge: 1900-1929	09 Aug 2013	£239,000	6.94%
	30 Apr 2010	£223,500	73.26%
	17 Mar 2000	£129,000	50.00%
	04 Jun 1998	£86,000	First Sale
37C PALACE GROVEFlat, LeaseholdArea: 45.11 Sq.mtrAge: 2007 onwards	29 Jun 2011	£180,000	First Sale
37D PALACE GROVEFlat, LeaseholdArea: 45.11 Sq.mtrAge: 2007 onwards	17 May 2011	£200,000	First Sale
GROUND FLOOR FLAT, 36 PALACE GROVEFlat, LeaseholdArea: 60.8 Sq.mtrAge: 1900-1929	13 Apr 2011	£195,000	First Sale
37A PALACE GROVEFlat, LeaseholdArea: 27.54 Sq.mtrAge: 1900-1929	01 Feb 2011	£165,000	First Sale
48A PALACE GROVEFlat, Leasehold	14 Dec 2007	£165,000	62.56%
48A PALACE GROVEFlat, Leasehold	11 Jan 2002	£101,500	First Sale
FLAT C, 48 PALACE GROVEFlat, Leasehold	31 May 2006	£151,000	48.04%
	01 Feb 2002	£102,000	117.02%
	14 Jun 1996	£47,000	First Sale
FLAT D, 48 PALACE GROVEFlat, Leasehold	19 May 2006	£163,000	First Sale
THE GROUND FLOOR FLAT, 36 PALACE GROVESemi-Detached, Leasehold	26 May 2005	£160,500	40.79%
	05 Oct 2000	£114,000	First Sale
FLAT B, 34 PALACE GROVEFlat, Leasehold	31 Mar 2004	£105,000	First Sale
48B PALACE GROVEFlat, LeaseholdArea: 44 Sq.mtrAge: 1900-1929	25 Apr 2003	£124,500	13.18%
	10 Jan 2003	£110,000	34.15%
	08 Mar 2001	£82,000	First Sale
39 PALACE GROVESemi-Detached, Freehold	20 Sep 2000	£250,000	First Sale
FLAT 2, 42 PALACE GROVEFlat, LeaseholdArea: 62 Sq.mtr	12 Jan 2024	£250,000	First Sale
FLAT 3, 42 PALACE GROVEFlat, LeaseholdArea: 99 Sq.mtr	09 Nov 2021	£449,000	First Sale

Check out the sold house prices near the BR1 3HB postcode. Properties currently for saleProperties currently for rent

PALACE GROVE, BR1 3HB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BR1 3HB 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 3HB postcode.

Flat
- The average price is around £203,287 median price is £190,000 Standard Deviation is £102,762 with Total Sold: 3,071
- The Last 5 Year average price is £310,605 with Total Sold: 387
- The most recent sale happened at this postcode is GARDEN FLAT, 46 CRESCENT ROAD: £330,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 80 COLLEGE ROAD: £85,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £365,204 median price is £324,000 Standard Deviation is £225,921 with Total Sold: 689
- The Last 5 Year average price is £687,277 with Total Sold: 88
- The most recent sale happened at this postcode is , 64 CRESCENT ROAD: £925,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 18 LANSDOWNE ROAD: £107,500 (Sold on 11 Jan 1995)
Terraced
- The average price is around £268,881 median price is £230,490 Standard Deviation is £159,574 with Total Sold: 1,050
- The Last 5 Year average price is £471,564 with Total Sold: 152
- The most recent sale happened at this postcode is , 16 NORTH ROAD: £420,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 15 GLEBE ROAD: £75,000 (Sold on 06 Jan 1995)
Other
- The average price is around £2,076,225 median price is £520,000 Standard Deviation is £6,965,793 with Total Sold: 148
- The Last 5 Year average price is £1,031,950 with Total Sold: 69
- The most recent sale happened at this postcode is , 175 HIGH STREET: £2,800,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is TRANSFORMER CHAMBER AT, ROYAL COURT, 81 TWEEDY ROAD: £4,050,000 (Sold on 01 Nov 2013)
Detached
- The average price is around £581,838 median price is £515,000 Standard Deviation is £355,609 with Total Sold: 233
- The Last 5 Year average price is £960,086 with Total Sold: 35
- The most recent sale happened at this postcode is , 1 SOUTH VIEW: £1,050,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 39 RODWAY ROAD: £270,000 (Sold on 31 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£316,933	£3,918	30
2023	£306,695	£4,868	54
2022	£316,291	£4,921	95
2021	£317,037	£5,035	87
2020	£294,689	£4,768	53
2019	£307,154	£5,001	68
2018	£300,742	£4,583	73
2017	£315,802	£5,236	129
2016	£304,077	£5,011	120
2015	£288,363	£4,596	141
2014	£253,390	£3,914	140
2013	£209,816	£3,411	97
2012	£218,507	£3,000	71
2011	£195,974	£3,437	64
2010	£210,178	£3,277	55
2009	£198,101	£3,289	108
2008	£220,590	£3,212	76
2007	£221,420	£3,488	172
2006	£207,352	£3,114	190
2005	£201,979	£2,967	143
2004	£162,212	£2,771	119
2003	£162,976	£2,774	123
2002	£148,632	£2,455	142
2001	£128,965	£1,985	130
2000	£121,876	£1,911	127
1999	£86,860	£1,432	137
1998	£71,475	£1,164	77
1997	£60,921	£1,003	99
1996	£53,815	£906	92
1995	£54,181	£970	59

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£991,667		3
2023	£742,300	£6,549	8
2022	£717,500	£5,969	18
2021	£687,500	£5,489	27
2020	£686,417	£5,305	18
2019	£552,429	£5,134	14
2018	£519,143	£5,771	14
2017	£601,444	£6,984	18
2016	£613,355	£5,043	13
2015	£609,663	£4,626	15
2014	£464,200	£4,075	21
2013	£464,626	£3,503	22
2012	£448,444	£3,459	18
2011	£420,658	£3,251	19
2010	£427,048	£3,362	16
2009	£338,395	£3,015	20
2008	£369,904	£3,171	13
2007	£422,726	£3,132	35
2006	£344,947	£2,901	41
2005	£341,920	£2,470	25
2004	£309,986	£2,608	29
2003	£316,648	£2,538	32
2002	£278,064	£2,161	40
2001	£232,887	£2,017	36
2000	£220,488	£2,044	28
1999	£172,288	£1,562	26
1998	£158,020	£1,448	28
1997	£113,224	£1,005	29
1996	£114,532	£869	34
1995	£107,524	£890	29

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£480,571	£6,225	11
2023	£516,688	£6,733	24
2022	£481,202	£6,524	26
2021	£445,905	£6,185	37
2020	£488,288	£5,744	26
2019	£438,777	£5,905	28
2018	£504,690	£5,737	21
2017	£500,210	£5,478	26
2016	£465,797	£5,043	21
2015	£374,774	£5,095	36
2014	£348,297	£4,591	37
2013	£308,362	£3,785	30
2012	£308,453	£3,556	34
2011	£278,759	£3,526	29
2010	£285,739	£3,684	23
2009	£232,500	£3,689	18
2008	£287,359	£3,360	25
2007	£296,431	£3,608	47
2006	£272,585	£3,438	45
2005	£231,107	£3,267	44
2004	£230,355	£3,123	49
2003	£209,916	£2,957	53
2002	£197,013	£2,337	49
2001	£178,712	£2,307	55
2000	£161,025	£2,132	44
1999	£124,239	£1,579	43
1998	£102,136	£1,347	49
1997	£85,066	£1,245	50
1996	£76,803	£1,030	45
1995	£68,598	£906	25

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,260,250		8
2023	£1,335,687	£9,647	17
2022	£1,029,450	£4,358	10
2021	£1,078,727	£1,713	11
2020	£564,067	£14,397	10
2019	£816,515	£2,803	13
2018	£772,134	£3,573	28
2017	£2,180,131	£11,060	19
2016	£10,011,434	£2,771	13
2015	£548,929		7
2014	£2,996,284	£3,521	10
2013	£4,540,278		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£743,200	£5,722	5
2023	£681,667	£6,705	3
2022	£1,277,143	£6,958	7
2021	£1,013,231	£5,834	13
2020	£816,250	£4,779	4
2019	£821,667	£5,371	3
2018	£782,583	£5,221	6
2017	£500,000	£3,846	1
2016	£991,000	£4,554	5
2015	£864,167	£5,632	6
2014	£805,850	£4,528	9
2013	£440,000	£2,588	1
2012	£555,286	£3,262	7
2011	£568,000	£3,758	7
2010	£569,545	£3,717	11
2009	£532,681	£3,339	4
2008	£482,292	£2,824	6
2007	£645,167	£2,832	21
2006	£623,133	£10,860	15
2005	£548,125	£8,600	8
2004	£390,000	£2,447	6
2003	£658,938	£3,056	8
2002	£466,714	£2,459	14
2001	£415,818	£2,143	14
2000	£513,333	£2,634	6
1999	£304,227	£1,737	11
1998	£230,583	£1,224	6
1997	£173,972	£1,244	9
1996	£194,325	£973	6
1995	£181,409	£1,029	11

House Type in BR1 3HB area

The most common house types in the BR1 3HB postcode area are Flat (119), Shared house (36), and converted building (11).

Total	178
Flat	119
Shared house	36
converted building	11
commercial building	5
Semi-detached	3
Terraced	3
Detached	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (87), and Owned: Owns with a mortgage or loan (36).

Private rented: Private landlord or letting agency	87
Owned: Owns with a mortgage or loan	36
Owned: Owns outright	33
Social rented: Other social rented	14
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the BR1 3HB have 1 person in household (82), and 2 people in household (59).

1 person in household	82
2 people in household	59
3 people in household	26
4 people in household	10
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0