Housing Market Analysis for PALACE ROAD, BR1 3JT

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

Overview of Sold House prices

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

Terraced
- The average price is around £234,126 median price is £210,750 Standard Deviation is £116,989 with Total Sold: 46
- The Last 5 Year average price is £409,500 with Total Sold: 8
- The most recent sale happened at this postcode is 27 PALACE ROAD: £398,000 (Sold on 22 Nov 2022)
- The first recorded sale happened at this postcode is 21 PALACE ROAD: £67,250 (Sold on 30 Jun 1995)
Flat
- The average price is around £162,727 median price is £170,000 Standard Deviation is £75,935 with Total Sold: 13
- The Last 5 Year average price is £310,000 with Total Sold: 1
- The most recent sale happened at this postcode is 38 PALACE ROAD: £310,000 (Sold on 20 Sep 2021)
- The first recorded sale happened at this postcode is 38A PALACE ROAD: £40,000 (Sold on 30 Aug 1996)
Detached
- The average price is around £441,250 median price is £441,250 Standard Deviation is £111,250 with Total Sold: 2
- The most recent sale happened at this postcode is 38B PALACE ROAD: £552,500 (Sold on 23 Nov 2018)
- The first recorded sale happened at this postcode is 35 PALACE ROAD: £330,000 (Sold on 30 May 2012)
Semi-Detached
- The average price is around £220,730 median price is £172,500 Standard Deviation is £125,655 with Total Sold: 9
- The most recent sale happened at this postcode is 2 PALACE ROAD: £481,120 (Sold on 15 Apr 2016)
- The first recorded sale happened at this postcode is 36 PALACE ROAD: £94,000 (Sold on 15 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average BR1 3JT 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£418,500	£7,397	3
2023	£412,500	£6,554	2
2021	£460,000	£7,302	1
2020	£408,000	£6,915	1
2019	£327,500	£4,367	1
2018	£520,000	£7,647	1
2017	£422,500	£6,706	1
2015	£310,000	£5,343	2
2014	£275,000	£5,292	1
2013	£237,150	£4,060	3
2012	£207,333	£3,319	3
2011	£227,000	£3,995	2
2009	£214,000	£3,168	1
2008	£221,000	£3,424	2
2006	£210,833	£3,483	3
2005	£191,800	£3,377	2
2004	£200,000	£3,336	2
2003	£173,000	£2,906	3
2002	£192,000		1
2001	£136,500	£2,377	3
2000	£132,250	£2,105	2
1997	£73,000		1
1996	£67,875	£1,174	4
1995	£67,250	£1,140	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£310,000	£3,563	1
2017	£281,000	£4,258	1
2013	£209,498	£2,808	2
2011	£170,000	£1,954	1
2007	£187,500	£2,841	1
2005	£170,000	£2,829	1
2003	£140,000	£2,121	1
2002	£130,000	£2,241	1
2001	£117,000	£1,345	1
1999	£75,475	£1,043	2
1996	£40,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£552,500		1
2012	£330,000	£2,852	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£481,120	£4,374	1
2008	£238,500	£3,267	1
2007	£378,000		1
2004	£248,000	£2,255	1
2001	£172,500		1
2000	£162,500	£2,390	1
1998	£119,950	£1,643	1
1997	£92,000	£836	1
1996	£94,000	£777	1

All the Sales in the PALACE ROAD, BR1 3JT

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

Address	Sold Date	Price	% Change
27 PALACE ROADTerraced, Freehold	22 Nov 2022	£398,000	First Sale
14 PALACE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	26 Sep 2023	£390,000	First Sale
22 PALACE ROADTerraced, FreeholdArea: 59 Sq.mtrAge: before 1900	06 Jan 2023	£435,000	6.62%
	31 Jan 2020	£408,000	27.50%
	14 Aug 2015	£320,000	44.80%
	18 Aug 2006	£221,000	6.51%
	29 Apr 2004	£207,500	29.28%
	19 Nov 2003	£160,500	First Sale
21 PALACE ROADTerraced, FreeholdArea: 59 Sq.mtrAge: before 1900	12 May 2022	£420,000	107.92%
	05 Sep 2008	£202,000	47.45%
	15 Dec 2000	£137,000	103.72%
	30 Jun 1995	£67,250	First Sale
26 PALACE ROADTerraced, FreeholdArea: 57 Sq.mtrAge: before 1900	06 Apr 2022	£437,500	45.83%
	01 Sep 2015	£300,000	First Sale
38 PALACE ROADFlat, LeaseholdArea: 87 Sq.mtr	20 Sep 2021	£310,000	55.00%
	25 Oct 2013	£199,995	17.64%
	03 Mar 2011	£170,000	45.30%
	21 Dec 2001	£117,000	64.79%
	07 May 1999	£71,000	First Sale
18 PALACE ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	25 Jun 2021	£460,000	8.88%
	20 Apr 2017	£422,500	107.11%
	02 Aug 2012	£204,000	First Sale
24 PALACE ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	20 Mar 2019	£327,500	First Sale
16 PALACE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	19 Dec 2018	£520,000	119.41%
	05 Dec 2012	£237,000	First Sale
38B PALACE ROADDetached, Freehold	23 Nov 2018	£552,500	First Sale
5 PALACE ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 1976-1982	29 Sep 2017	£281,000	28.31%
	29 Jul 2013	£219,000	16.80%
	26 Sep 2007	£187,500	33.93%
	17 Oct 2003	£140,000	First Sale
2 PALACE ROADSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1900-1929	15 Apr 2016	£481,120	94.00%
	03 Dec 2004	£248,000	169.57%
	25 Apr 1997	£92,000	First Sale
28 PALACE ROADTerraced, FreeholdArea: 51.97 Sq.mtrAge: before 1900	31 Jan 2014	£275,000	21.68%
	19 Jul 2011	£226,000	19.89%
	21 Apr 2005	£188,500	185.61%
	16 Aug 1996	£66,000	First Sale
32 PALACE ROADTerraced, FreeholdArea: 57 Sq.mtrAge: 1900-1929	21 May 2013	£225,000	214.69%
	28 Jun 1996	£71,500	First Sale
33 PALACE ROADTerraced, FreeholdArea: 57.3 Sq.mtrAge: before 1900	26 Apr 2013	£244,950	78.15%
	28 Sep 2001	£137,500	14.58%
	04 Jun 2001	£120,000	First Sale
29 PALACE ROADTerraced, FreeholdArea: 61 Sq.mtrAge: before 1900	29 Jan 2013	£241,500	23.78%
	27 Jun 2005	£195,100	1.35%
	09 Jul 2004	£192,500	First Sale
19 PALACE ROADTerraced, FreeholdArea: 56 Sq.mtrAge: 1900-1929	17 Dec 2012	£181,000	First Sale
35 PALACE ROADDetached, FreeholdArea: 115.7 Sq.mtrAge: before 1900	30 May 2012	£330,000	First Sale
15 PALACE ROADTerraced, FreeholdArea: 62.6 Sq.mtrAge: before 1900	25 Mar 2011	£228,000	17.83%
	03 Jan 2003	£193,500	First Sale
30 PALACE ROADTerraced, FreeholdArea: 67.55 Sq.mtrAge: before 1900	27 Oct 2009	£214,000	-1.61%
	18 Aug 2006	£217,500	70.59%
	28 Jul 2000	£127,500	84.78%
	29 Mar 1996	£69,000	First Sale
11 PALACE ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: before 1900	19 Dec 2008	£238,500	98.83%
	19 Jun 1998	£119,950	First Sale
23 PALACE ROADTerraced, Freehold	30 Jul 2008	£240,000	23.71%
	09 Jan 2006	£194,000	17.58%
	08 Dec 2003	£165,000	153.85%
	30 Sep 1996	£65,000	First Sale
39 PALACE ROADSemi-Detached, Freehold	17 Aug 2007	£378,000	119.13%
39 PALACE ROADSemi-Detached, Freehold	25 Oct 2001	£172,500	First Sale
3 PALACE ROADFlat, LeaseholdArea: 60.09 Sq.mtrAge: 1950-1966	17 Jan 2005	£170,000	30.77%
	12 Apr 2002	£130,000	First Sale
12 PALACE ROADTerraced, Freehold	05 Dec 2002	£192,000	163.01%
12 PALACE ROADTerraced, Freehold	17 Apr 1997	£73,000	First Sale
25 PALACE ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1900-1929	26 Jun 2001	£152,000	First Sale
1 PALACE ROADSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1900-1929	14 Apr 2000	£162,500	First Sale
7 PALACE ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 1950-1966	29 Oct 1999	£79,950	First Sale
38A PALACE ROADFlat, Leasehold	30 Aug 1996	£40,000	First Sale
36 PALACE ROADSemi-Detached, FreeholdArea: 121 Sq.mtrAge: before 1900	15 Jul 1996	£94,000	First Sale

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

PALACE ROAD, BR1 3JT Near By properties

Interactive Map

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

Flat
- The average price is around £202,726 median price is £186,950 Standard Deviation is £112,678 with Total Sold: 3,409
- The Last 5 Year average price is £315,881 with Total Sold: 412
- 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 £369,159 median price is £330,000 Standard Deviation is £227,160 with Total Sold: 668
- The Last 5 Year average price is £696,505 with Total Sold: 85
- 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 £265,825 median price is £230,000 Standard Deviation is £157,604 with Total Sold: 1,149
- The Last 5 Year average price is £476,943 with Total Sold: 159
- 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 £1,768,171 median price is £500,000 Standard Deviation is £5,597,993 with Total Sold: 125
- The Last 5 Year average price is £971,263 with Total Sold: 63
- 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 £625,178 median price is £540,000 Standard Deviation is £384,133 with Total Sold: 272
- The Last 5 Year average price is £1,011,041 with Total Sold: 42
- 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	£327,839	£3,848	31
2023	£314,078	£4,925	58
2022	£324,057	£4,976	98
2021	£319,181	£5,086	95
2020	£299,601	£4,906	57
2019	£309,677	£5,027	73
2018	£303,794	£4,614	80
2017	£331,697	£5,172	118
2016	£323,813	£5,065	144
2015	£304,833	£4,626	167
2014	£250,699	£4,004	134
2013	£210,176	£3,422	106
2012	£215,551	£3,021	78
2011	£195,105	£3,405	75
2010	£208,090	£3,313	70
2009	£195,899	£3,273	115
2008	£216,527	£3,234	80
2007	£227,290	£3,733	200
2006	£209,177	£3,163	226
2005	£196,500	£2,970	143
2004	£161,857	£2,806	131
2003	£161,293	£2,787	133
2002	£145,269	£2,458	159
2001	£122,335	£1,941	137
2000	£119,189	£1,911	147
1999	£86,831	£1,441	150
1998	£71,209	£1,195	94
1997	£60,510	£1,041	133
1996	£53,674	£926	109
1995	£55,209	£975	68

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£991,667		3
2023	£742,300	£6,549	8
2022	£731,912	£5,990	17
2021	£710,300	£5,511	25
2020	£686,417	£5,305	18
2019	£552,429	£5,134	14
2018	£524,846	£5,783	13
2017	£612,294	£7,140	17
2016	£613,355	£5,043	13
2015	£609,663	£4,626	15
2014	£464,200	£4,075	21
2013	£483,839	£3,556	20
2012	£460,118	£3,477	17
2011	£420,658	£3,251	19
2010	£427,048	£3,362	16
2009	£338,395	£3,015	20
2008	£386,250	£3,279	11
2007	£422,726	£3,132	35
2006	£354,883	£2,901	38
2005	£341,920	£2,470	25
2004	£318,876	£2,617	27
2003	£316,648	£2,538	32
2002	£280,439	£2,161	39
2001	£239,203	£2,039	34
2000	£225,488	£2,157	28
1999	£175,020	£1,587	25
1998	£158,020	£1,448	28
1997	£114,466	£1,064	29
1996	£116,139	£869	33
1995	£108,882	£897	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£497,616	£6,225	11
2023	£519,058	£6,805	26
2022	£480,564	£6,612	29
2021	£459,056	£6,465	36
2020	£490,611	£5,897	27
2019	£438,525	£5,878	30
2018	£492,354	£5,993	24
2017	£494,480	£5,576	28
2016	£460,469	£5,251	24
2015	£381,172	£5,136	40
2014	£345,459	£4,549	37
2013	£306,385	£3,873	36
2012	£305,668	£3,539	38
2011	£274,922	£3,506	30
2010	£285,080	£3,752	25
2009	£234,700	£3,630	20
2008	£282,859	£3,469	32
2007	£289,506	£3,725	49
2006	£267,137	£3,430	51
2005	£228,278	£3,282	51
2004	£225,530	£3,108	52
2003	£205,838	£2,878	56
2002	£193,086	£2,413	54
2001	£172,389	£2,150	62
2000	£157,644	£2,088	49
1999	£120,480	£1,583	48
1998	£103,994	£1,365	53
1997	£84,990	£1,232	53
1996	£76,109	£1,042	50
1995	£69,320	£894	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,260,250		8
2023	£1,023,543	£9,647	16
2022	£1,218,062	£4,852	8
2021	£1,214,556	£1,713	9
2020	£382,297	£14,397	9
2019	£816,515	£2,803	13
2018	£864,989	£3,573	23
2017	£2,454,192	£11,654	13
2016	£5,831,385	£2,771	12
2015	£392,500		5
2014	£3,858,984		7
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	£1,371,667	£6,783	9
2021	£1,013,231	£5,834	13
2020	£915,000	£4,729	7
2019	£956,144	£5,143	5
2018	£777,929	£5,427	7
2017	£566,250	£6,592	4
2016	£939,167	£5,286	6
2015	£1,184,211	£4,755	19
2014	£790,265	£4,320	10
2013	£440,000	£2,588	1
2012	£555,286	£3,262	7
2011	£557,889	£3,670	9
2010	£567,917	£3,674	12
2009	£493,145	£3,098	5
2008	£482,292	£2,824	6
2007	£574,925	£2,832	20
2006	£623,133	£10,860	15
2005	£563,333	£8,600	9
2004	£390,000	£2,447	6
2003	£629,650	£3,056	10
2002	£467,600	£2,459	15
2001	£428,026	£2,226	17
2000	£502,143	£2,634	7
1999	£310,650	£1,737	10
1998	£211,929	£1,224	7
1997	£173,972	£1,244	9
1996	£223,939	£1,094	9
1995	£178,550	£1,029	10

House Type in BR1 3JT area

The most common house types in the BR1 3JT postcode area are Terraced (91), Flat (29), and Semi-detached (15).

Total	150
Terraced	91
Flat	29
Semi-detached	15
Detached	7
Shared house	5
commercial building	3
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (55), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	38
Private rented: Private landlord or letting agency	38
Social rented: Other social rented	15
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 3JT have 2 people in household (62), and 1 person in household (49).

2 people in household	62
1 person in household	49
3 people in household	27
4 people in household	9
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0