Housing Market Analysis for MILLFIELDS COTTAGES, BR5 2LG

Are you looking to understand BR5 2LG 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 BR5 2LG area, explore the BR5 2LG Area information page.
For comprehensive crime statistics in the BR5 2LG area, explore the BR5 2LG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BR5 2LG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £177,100 median price is £157,000 Standard Deviation is £95,414 with Total Sold: 15
    • The Last 5 Year average price is £347,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 MILLFIELD COTTAGES: £355,000 (Sold on 20 Jun 2022)
    • The first recorded sale happened at this postcode is 3 MILLFIELDS COTTAGES: £53,500 (Sold on 13 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average BR5 2LG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£355,000 £5,145 1
2021£340,000 £5,000 1
2018£234,500 £3,449 2
2016£308,000 £3,708 1
2009£154,000 £1,939 2
2008£177,000 £2,565 1
2004£151,000 £2,127 2
2002£123,000 £1,809 1
2001£97,000 £1,311 1
1998£70,000 £1,029 1
1997£53,750 £779 2

All the Sales in the MILLFIELDS COTTAGES, BR5 2LG

See the table below for more details on the sold house prices in the BR5 2LG, Bromley postcode.

AddressSold DatePrice% Change
3 MILLFIELD COTTAGESTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-192920 Jun 2022£355,000First Sale
5 MILLFIELD COTTAGESTerraced, FreeholdArea: 68 Sq.mtrAge: 1930-194916 Sep 2021£340,000First Sale
17 MILLFIELDS COTTAGESTerraced, FreeholdArea: 68 Sq.mtrAge: 1950-196607 Dec 2018£244,0008.44%
13 Jun 2018£225,00055.17%
24 Sep 2004£145,00017.89%
01 Nov 2002£123,00075.71%
27 Mar 1998£70,000First Sale
1 MILLFIELD COTTAGESTerraced, FreeholdArea: 83.06 Sq.mtrAge: 1900-192906 May 2016£308,000First Sale
8 MILLFIELDS COTTAGESTerraced, FreeholdArea: 76.77 Sq.mtrAge: 1930-194917 Jul 2009£173,000First Sale
1 MILLFIELDS COTTAGESTerraced, FreeholdArea: 83.06 Sq.mtrAge: 1900-192922 May 2009£135,000First Sale
3 MILLFIELDS COTTAGESTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-192929 Feb 2008£177,000230.84%
13 Mar 1997£53,500First Sale
28 MILLFIELDS COTTAGESTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196610 Dec 2004£157,00061.86%
30 Jul 2001£97,000First Sale
10 MILLFIELDS COTTAGESTerraced, FreeholdArea: 69 Sq.mtrAge: before 190018 Apr 1997£54,000First Sale

Check out the sold house prices near the BR5 2LG postcode. Properties currently for saleProperties currently for rent

MILLFIELDS COTTAGES, BR5 2LG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BR5 2LG 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 BR5 2LG postcode.

  • Terraced
    • The average price is around £178,853 median price is £165,000 Standard Deviation is £97,990 with Total Sold: 1,110
    • The Last 5 Year average price is £325,052 with Total Sold: 172
    • The most recent sale happened at this postcode is , 31 FURZEHILL SQUARE: £375,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 110 BRANTWOOD WAY: £48,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £214,611 median price is £195,000 Standard Deviation is £123,845 with Total Sold: 577
    • The Last 5 Year average price is £408,987 with Total Sold: 95
    • The most recent sale happened at this postcode is , 25 VERNON CLOSE: £495,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 BATCHWOOD GREEN: £69,000 (Sold on 30 Mar 1995)
  • Flat
    • The average price is around £138,614 median price is £125,000 Standard Deviation is £74,708 with Total Sold: 624
    • The Last 5 Year average price is £215,958 with Total Sold: 110
    • The most recent sale happened at this postcode is FLAT 9, SUMMIT HOUSE, 3 HARBLEDOWN PLACE: £240,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 DOVENEY CLOSE: £40,000 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £4,661,948 median price is £569,830 Standard Deviation is £9,833,285 with Total Sold: 45
    • The Last 5 Year average price is £5,463,787 with Total Sold: 23
    • The most recent sale happened at this postcode is , 66 HIGH STREET: £187,500 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 36 HIGH STREET: £150,000 (Sold on 25 Apr 2014)
  • Detached
    • The average price is around £310,848 median price is £250,000 Standard Deviation is £179,683 with Total Sold: 90
    • The Last 5 Year average price is £564,600 with Total Sold: 10
    • The most recent sale happened at this postcode is , 18 LYNMOUTH RISE: £710,000 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is , 10 LYNMOUTH RISE: £155,000 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£349,000 £5,403 8
2023£331,108 £4,729 33
2022£350,621 £6,200 33
2021£333,847 £4,601 43
2020£301,688 £4,326 29
2019£289,058 £3,902 26
2018£304,509 £6,327 33
2017£286,430 £5,205 31
2016£282,758 £4,065 31
2015£270,078 £3,329 32
2014£228,998 £2,926 47
2013£168,629 £2,539 35
2012£175,468 £4,102 17
2011£177,375 £2,586 16
2010£183,227 £2,584 22
2009£170,826 £4,218 19
2008£194,875 £2,803 24
2007£186,134 £2,605 61
2006£165,562 £2,376 53
2005£163,151 £2,292 37
2004£158,155 £3,180 44
2003£143,225 £2,044 46
2002£120,618 £1,720 62
2001£97,371 £1,558 53
2000£94,423 £1,618 54
1999£80,688 £1,202 42
1998£66,700 £1,037 34
1997£60,224 £883 41
1996£62,154 £948 72
1995£55,976 £775 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,600 £5,585 5
2023£485,800 £4,903 15
2022£444,988 £5,323 17
2021£394,843 £4,843 32
2020£368,679 £4,568 14
2019£339,792 £4,101 12
2018£339,062 £4,427 16
2017£336,472 £4,053 18
2016£316,221 £4,276 17
2015£284,070 £3,426 20
2014£270,357 £3,171 14
2013£227,278 £2,690 18
2012£211,128 £2,485 23
2011£201,571 £2,632 7
2010£201,000 £2,851 3
2009£186,700 £2,566 15
2008£237,619 £2,542 8
2007£218,570 £2,451 34
2006£183,562 £2,402 28
2005£213,662 £2,359 10
2004£186,224 £2,210 29
2003£169,268 £2,081 22
2002£129,952 £1,598 25
2001£126,989 £1,522 32
2000£111,398 £1,524 27
1999£94,304 £1,097 27
1998£84,942 £1,034 13
1997£74,033 £870 28
1996£65,654 £852 25
1995£64,068 £794 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,944 £5,366 9
2023£264,064 £4,586 11
2022£210,848 £4,294 18
2021£229,503 £4,400 30
2020£183,136 £3,322 22
2019£204,490 £3,606 20
2018£178,203 £3,725 16
2017£193,652 £3,681 22
2016£206,325 £3,549 20
2015£205,905 £3,659 45
2014£178,842 £3,301 54
2013£134,692 £2,657 13
2012£115,667 £2,371 12
2011£118,600 £2,319 10
2010£120,100 £2,038 5
2009£100,775 £2,072 8
2008£136,075 £3,221 8
2007£117,570 £2,399 37
2006£122,020 £2,429 37
2005£129,129 £2,511 19
2004£128,894 £2,352 21
2003£103,500 £2,046 22
2002£85,091 £1,922 25
2001£72,076 £1,422 25
2000£64,592 £1,278 20
1999£56,592 £1,132 21
1998£47,843 £1,030 21
1997£40,698 £921 28
1996£36,830 £698 15
1995£35,000 £904 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£261,2502
2023£487,708 £4,253 4
2022£286,0001
2021£1,452,279 £24,581 6
2020£1,150,2226
2019£26,823,188 £4,152 4
2018£3,782,638 £3,350 8
2017£5,958,080 £3,019 6
2016£146,6602
2015£3,533,5345
2014£150,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£630,000 £7,740 2
2022£582,500 £3,883 2
2021£567,667 £4,940 3
2020£536,500 £4,500 2
2019£445,000 £3,618 1
2018£500,000 £5,268 4
2017£458,214 £4,874 7
2016£555,000 £5,761 2
2015£627,630 £4,158 4
2014£396,833 £3,298 3
2013£370,000 £3,023 2
2011£345,000 £2,172 1
2010£329,167 £3,204 3
2009£255,000 £2,150 3
2008£229,000 £3,056 1
2007£253,500 £1,885 2
2006£275,000 £2,222 2
2005£261,750 £2,168 2
2004£222,200 £2,255 5
2003£224,500 £1,831 7
2002£224,850 £1,564 7
2001£186,250 £1,627 6
2000£164,612 £1,629 4
1999£115,369 £931 1
1998£104,000 £984 3
1997£106,286 £929 7
1995£115,250 £920 4

House Type in BR5 2LG area

The most common house types in the BR5 2LG postcode area are Terraced (50), Semi-detached (49), and Flat (12).

Total115
Terraced50
Semi-detached49
Flat12
Detached3
Shared house1
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 (56), and Owned: Owns with a mortgage or loan (22).

Social rented: Other social rented56
Owned: Owns with a mortgage or loan22
Private rented: Private landlord or letting agency16
Owned: Owns outright11
Social rented: Rents from council or Local Authority7
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the BR5 2LG have 1 person in household (37), and 2 people in household (31).

1 person in household37
2 people in household31
3 people in household22
4 people in household9
5 people in household8
6 people in household8
8 or more people in household2
0 people in household0
7 people in household0