Housing Market Analysis for RIDGE PLACE, BR5 3FL

Are you looking to understand BR5 3FL 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 3FL area, explore the BR5 3FL Area information page.
For comprehensive crime statistics in the BR5 3FL area, explore the BR5 3FL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BR5 3FL postcode area, The average prices are as follows,

Flat
- The average price is around £246,656 median price is £240,000 Standard Deviation is £38,234 with Total Sold: 45
- The Last 5 Year average price is £289,750 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 23, APEX HOUSE, 3 RIDGE PLACE: £425,000 (Sold on 08 Dec 2022)
- The first recorded sale happened at this postcode is FLAT 24, APEX HOUSE, 3 RIDGE PLACE: £265,000 (Sold on 07 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average BR5 3FL 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
2022	£365,000	£4,753	2
2021	£274,167	£4,835	3
2020	£277,500	£4,336	1
2019	£267,500	£4,224	3
2018	£240,500	£4,565	4
2016	£260,500	£4,415	1
2015	£230,812	£3,833	24
2014	£240,000	£3,840	6
2024	£265,000		1

All the Sales in the RIDGE PLACE, BR5 3FL

See the table below for more details on the sold house prices in the BR5 3FL, Bromley postcode.

Address	Sold Date	Price	% Change
FLAT 23, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 87 Sq.mtr	08 Dec 2022	£425,000	41.67%
	20 Feb 2015	£300,000	First Sale
FLAT 8, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	31 Aug 2022	£305,000	32.61%
	06 Mar 2015	£230,000	First Sale
FLAT 25, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 46 Sq.mtr	22 Dec 2021	£260,000	4.00%
	29 Mar 2018	£250,000	19.05%
	27 Feb 2015	£210,000	First Sale
FLAT 16, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	15 Oct 2021	£297,500	1.88%
	22 Mar 2018	£292,000	26.96%
	26 Feb 2015	£230,000	First Sale
FLAT 1, PEAK HOUSE, 2 RIDGE PLACEFlat, LeaseholdArea: 61 Sq.mtr	25 Mar 2021	£265,000	17.78%
	14 Oct 2014	£225,000	First Sale
FLAT 6, PEAK HOUSE, 2 RIDGE PLACEFlat, LeaseholdArea: 64 Sq.mtr	16 Oct 2020	£277,500	11.00%
	09 Oct 2014	£250,000	First Sale
FLAT 14, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 58 Sq.mtr	15 Nov 2019	£245,000	11.36%
	26 Feb 2015	£220,000	First Sale
FLAT 19, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	20 Sep 2019	£280,000	20.43%
	03 Mar 2015	£232,500	First Sale
FLAT 12, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	14 Feb 2019	£277,500	20.65%
	20 Mar 2015	£230,000	First Sale
FLAT 21, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 50 Sq.mtr	17 Dec 2018	£215,000	0.0
	20 Feb 2015	£215,000	First Sale
FLAT 17, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 50 Sq.mtr	22 Nov 2018	£205,000	First Sale
FLAT 2, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 59 Sq.mtr	28 Oct 2016	£260,500	16.29%
	26 Mar 2015	£224,000	First Sale
FLAT 15, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	24 Apr 2015	£235,000	First Sale
FLAT 18, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 58 Sq.mtr	13 Mar 2015	£230,000	First Sale
FLAT 22, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 58 Sq.mtr	12 Mar 2015	£227,000	First Sale
FLAT 10, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 58 Sq.mtr	12 Mar 2015	£216,000	First Sale
FLAT 1, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	06 Mar 2015	£240,000	First Sale
FLAT 20, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	27 Feb 2015	£230,000	First Sale
FLAT 6, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 58 Sq.mtr	27 Feb 2015	£250,000	First Sale
FLAT 3, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	26 Feb 2015	£240,000	First Sale
FLAT 4, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	26 Feb 2015	£230,000	First Sale
FLAT 24, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 50 Sq.mtr	25 Feb 2015	£215,000	-18.87%
	07 Jun 2024	£265,000	First Sale
FLAT 9, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 50 Sq.mtr	23 Feb 2015	£200,000	First Sale
FLAT 5, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 50 Sq.mtr	20 Feb 2015	£195,000	First Sale
FLAT 11, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	20 Feb 2015	£270,000	First Sale
FLAT 7, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 66 Sq.mtr	20 Feb 2015	£265,000	First Sale
FLAT 13, APEX HOUSE, 3 RIDGE PLACEFlat, LeaseholdArea: 50 Sq.mtr	16 Feb 2015	£205,000	First Sale
FLAT 2, PEAK HOUSE, 2 RIDGE PLACEFlat, LeaseholdArea: 64 Sq.mtr	14 Oct 2014	£240,000	First Sale
FLAT 3, PEAK HOUSE, 2 RIDGE PLACEFlat, LeaseholdArea: 61 Sq.mtr	09 Oct 2014	£230,000	First Sale
FLAT 5, PEAK HOUSE, 2 RIDGE PLACEFlat, LeaseholdArea: 61 Sq.mtr	07 Oct 2014	£250,000	First Sale
FLAT 4, PEAK HOUSE, 2 RIDGE PLACEFlat, LeaseholdArea: 64 Sq.mtr	03 Oct 2014	£245,000	First Sale

Check out the sold house prices near the BR5 3FL postcode. Properties currently for saleProperties currently for rent

RIDGE PLACE, BR5 3FL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BR5 3FL 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 3FL postcode.

Semi-Detached
- The average price is around £205,561 median price is £187,000 Standard Deviation is £113,749 with Total Sold: 419
- The Last 5 Year average price is £384,502 with Total Sold: 60
- The most recent sale happened at this postcode is , 42 MAY AVENUE: £425,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 1 CROWHURST WAY: £67,000 (Sold on 03 Mar 1995)
Flat
- The average price is around £137,944 median price is £125,000 Standard Deviation is £74,379 with Total Sold: 541
- The Last 5 Year average price is £210,314 with Total Sold: 96
- 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)
Terraced
- The average price is around £172,552 median price is £157,000 Standard Deviation is £97,015 with Total Sold: 1,232
- The Last 5 Year average price is £320,824 with Total Sold: 182
- The most recent sale happened at this postcode is , 223 HIGH STREET: £290,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 110 BRANTWOOD WAY: £48,000 (Sold on 27 Jan 1995)
Other
- The average price is around £6,193,682 median price is £730,000 Standard Deviation is £11,205,773 with Total Sold: 33
- The Last 5 Year average price is £8,165,579 with Total Sold: 16
- 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 £275,003 median price is £249,950 Standard Deviation is £151,472 with Total Sold: 65
- The Last 5 Year average price is £496,778 with Total Sold: 9
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£397,571	£5,585	7
2023	£400,227	£5,131	11
2022	£436,955	£4,762	11
2021	£382,343	£4,577	15
2020	£369,000	£4,570	6
2019	£312,900	£4,223	10
2018	£319,885	£3,937	13
2017	£330,929	£4,148	14
2016	£316,607	£3,843	14
2015	£277,438	£3,233	17
2014	£250,450	£2,984	11
2013	£231,821	£2,710	13
2012	£218,833	£2,404	9
2011	£186,000	£2,287	9
2010	£165,279	£2,093	7
2009	£191,700	£2,161	5
2008	£206,029	£2,493	14
2007	£214,864	£2,456	22
2006	£182,176	£2,411	27
2005	£195,784	£1,851	11
2004	£182,868	£2,004	19
2003	£150,878	£1,859	25
2002	£132,700	£1,596	17
2001	£121,175	£1,519	20
2000	£109,067	£1,311	15
1999	£91,591	£1,073	11
1998	£70,906	£1,084	8
1997	£69,057	£772	25
1996	£62,020	£843	20
1995	£61,900	£811	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,188	£4,951	8
2023	£252,970	£4,243	10
2022	£210,251	£3,985	15
2021	£221,586	£4,220	22
2020	£177,976	£3,342	21
2019	£198,640	£3,648	20
2018	£172,426	£3,472	17
2017	£180,756	£3,497	17
2016	£190,486	£3,268	18
2015	£207,307	£3,650	43
2014	£185,894	£3,361	47
2013	£134,136	£2,574	11
2012	£119,650	£2,178	10
2011	£106,500	£2,481	6
2010	£137,800	£2,058	5
2009	£86,440	£2,226	5
2008	£138,000	£2,854	4
2007	£122,787	£2,394	30
2006	£118,864	£2,240	37
2005	£124,184	£2,428	19
2004	£124,737	£2,031	14
2003	£102,575	£1,938	20
2002	£85,965	£1,786	18
2001	£73,657	£1,363	22
2000	£63,038	£1,324	16
1999	£58,144	£1,043	24
1998	£48,313	£913	19
1997	£41,147	£915	23
1996	£36,871	£652	12
1995	£31,438	£774	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£331,615	£4,711	13
2023	£331,065	£4,857	31
2022	£334,012	£6,043	42
2021	£317,901	£4,680	46
2020	£293,019	£4,508	24
2019	£312,750	£4,281	26
2018	£291,388	£6,192	33
2017	£279,544	£5,115	34
2016	£281,514	£4,012	35
2015	£248,678	£3,121	42
2014	£221,184	£2,892	46
2013	£166,724	£2,554	38
2012	£161,297	£3,444	20
2011	£154,266	£2,220	15
2010	£163,487	£2,465	23
2009	£161,610	£3,849	21
2008	£184,261	£2,678	23
2007	£175,697	£2,492	68
2006	£161,038	£2,352	65
2005	£154,619	£2,269	40
2004	£153,195	£3,105	50
2003	£145,695	£2,172	95
2002	£115,996	£1,820	64
2001	£93,213	£1,490	64
2000	£88,698	£1,643	54
1999	£72,222	£1,137	42
1998	£63,755	£938	41
1997	£54,543	£830	47
1996	£56,397	£882	60
1995	£48,692	£690	30

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£261,250		2
2023	£33,000	£805	2
2022	£12,500,000		1
2021	£1,044,862	£24,581	6
2020	£2,115,667		2
2019	£35,686,751		3
2018	£3,782,638	£3,350	8
2017	£6,943,370		4
2015	£4,942,557		3
2014	£440,000		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£710,000	£8,689	1
2022	£520,000	£4,120	3
2020	£536,500	£4,500	2
2019	£376,000	£3,821	3
2018	£436,500	£4,812	2
2017	£470,000	£4,549	2
2016	£490,000	£5,117	3
2015	£415,000	£3,348	1
2014	£392,500	£3,413	1
2013	£345,000	£3,143	2
2012	£240,000	£3,000	1
2010	£276,112	£3,001	4
2009	£310,000	£2,284	1
2007	£258,667	£2,276	3
2006	£275,000	£2,222	2
2005	£198,750	£2,152	2
2004	£215,500	£1,935	6
2003	£235,750	£1,495	4
2002	£175,150	£1,502	3
2001	£182,100	£1,579	5
2000	£249,950		1
1999	£115,369	£931	1
1998	£88,000	£948	2
1997	£95,250	£1,095	6
1995	£115,250	£920	4

House Type in BR5 3FL area

The most common house types in the BR5 3FL postcode area are Flat (162), Terraced (42), and Semi-detached (32).

Total	249
Flat	162
Terraced	42
Semi-detached	32
Shared house	7
commercial building	5
Detached	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (92), and Owned: Owns with a mortgage or loan (73).

Social rented: Other social rented	92
Owned: Owns with a mortgage or loan	73
Private rented: Private landlord or letting agency	25
Owned: Owns outright	22
Social rented: Rents from council or Local Authority	20
Shared ownership: Shared ownership	16
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the BR5 3FL have 1 person in household (119), and 2 people in household (59).

1 person in household	119
2 people in household	59
4 people in household	32
3 people in household	31
5 people in household	6
6 people in household	5
7 people in household	1
0 people in household	0
8 or more people in household	0