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Property Price Trends
Spencer Road, Bromley, Greater London
BR1 3WU Bromley London Boro
What are the historical property price trends?
Explore the yearly trends in property prices for the BR1 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
BR1
Most Expensive Property
£1,270,000
Sundridge Park Mansion 22 Willoughby Lane, BR1 3FL
Sold: 17 December 2021
Cheapest Property
£1,000
24 Ground Floor Shop London Road, BR1 3QR
Sold: 26 October 2022
£509,000
The average house price in Bromley was £509,000 in November 2024 (provisional), up 3.9% from November 2023. Across London, there was little change in the average house price over the same period.
£1,592
Private rents rose to an average of £1,592 in December 2024, an annual increase of 7.3% from £1,483 in December 2023. This was lower than the rise in London (11.5%) over the year.
£402,000
The average price paid by first-time buyers was £402,000 in November 2024 (provisional). This was 4.8% higher than the average of £384,000 in November 2023 (revised).
£514,000
For homes bought with a mortgage, the average house price was £514,000 in November 2024 (provisional). This was 4.1% higher than the average of £494,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Bromley, E09000006). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in BR1 3WU?
The graph below shows the five-year capital growth figures for properties for the BR1 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in BR1 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Kent?
For Homebuyers:
In Kent, the property market for homebuyers has seen a steady increase in house prices over the past year. The average house price in Kent is currently around £350,000, with areas such as Canterbury (CT1-CT4) and Tunbridge Wells (TN1-TN4) being particularly popular due to their historic charm and good transport links. However, the availability of housing stock in these areas is limited, leading to competitive bidding and potential price increases. Homebuyers looking for more affordable options may want to consider areas like Ashford (TN23-TN27) and Gillingham (ME7-ME8), where prices are slightly lower but still offer good amenities and schools.
For Renters:
Rent prices in Kent have also been on the rise, with the average monthly rent for a two-bedroom property currently standing at around £1,200. Popular rental areas include Maidstone (ME14-ME17) and Sevenoaks (TN13-TN16), where demand is high due to their proximity to London and excellent schools. However, the availability of rental properties in these areas is limited, so renters may need to act quickly to secure a property. For more affordable rental options, areas like Folkestone (CT19-CT20) and Dover (CT16-CT17) offer lower rent prices while still providing easy access to amenities and transport links.
For Investors:
Kent presents a lucrative opportunity for property investors, with strong demand for rental properties and a steady increase in house prices. Areas like Dartford (DA1-DA4) and Gravesend (DA11-DA12) offer good rental yields, with average yields of around 5-6%. Additionally, with major infrastructure projects such as the Lower Thames Crossing and the potential expansion of high-speed rail services, investing in areas like Ashford (TN23-TN27) and Sittingbourne (ME9-ME10) could yield long-term capital growth. However, investors should be mindful of the competitive market in popular areas like Canterbury and Tunbridge Wells, where prices may be higher but rental demand is strong.
For Homebuyers:
In Kent, the property market for homebuyers has seen a steady increase in house prices over the past year. The average house price in Kent is currently around £350,000, with areas such as Canterbury (CT1-CT4) and Tunbridge Wells (TN1-TN4) being particularly popular due to their historic charm and good transport links. However, the availability of housing stock in these areas is limited, leading to competitive bidding and potential price increases. Homebuyers looking for more affordable options may want to consider areas like Ashford (TN23-TN27) and Gillingham (ME7-ME8), where prices are slightly lower but still offer good amenities and schools.
For Renters:
Rent prices in Kent have also been on the rise, with the average monthly rent for a two-bedroom property currently standing at around £1,200. Popular rental areas include Maidstone (ME14-ME17) and Sevenoaks (TN13-TN16), where demand is high due to their proximity to London and excellent schools. However, the availability of rental properties in these areas is limited, so renters may need to act quickly to secure a property. For more affordable rental options, areas like Folkestone (CT19-CT20) and Dover (CT16-CT17) offer lower rent prices while still providing easy access to amenities and transport links.
For Investors:
Kent presents a lucrative opportunity for property investors, with strong demand for rental properties and a steady increase in house prices. Areas like Dartford (DA1-DA4) and Gravesend (DA11-DA12) offer good rental yields, with average yields of around 5-6%. Additionally, with major infrastructure projects such as the Lower Thames Crossing and the potential expansion of high-speed rail services, investing in areas like Ashford (TN23-TN27) and Sittingbourne (ME9-ME10) could yield long-term capital growth. However, investors should be mindful of the competitive market in popular areas like Canterbury and Tunbridge Wells, where prices may be higher but rental demand is strong.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for BR1 3WU
Estimated yield for property investors
3.63%
Yield
The estimated yield for the BR1 3WU postcode area is 3.63%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in BR1 3WU?
The recently sold properties table lists homes around BR1 3WU that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 15 January 2024 | £305,000 | Denmark Cottage, 1 Denmark Road, Bromley, BR1 3AB | Flat/Maisonette | Leasehold |
| 22 November 2023 | £85,000 | Andorra Court, 151 Flat 26 Widmore Road, Bromley, BR1 3AE | Flat/Maisonette | Leasehold |
| 01 December 2022 | £335,000 | 11a Freelands Road, Bromley, BR1 3AG | Flat/Maisonette | Leasehold |
| 19 December 2023 | £100,000 | Northlands, 165 Flat 7 Widmore Road, Bromley, BR1 3AN | Flat/Maisonette | Leasehold |
| 05 February 2024 | £775,000 | 10 Plaxtol Close, Bromley, BR1 3AU | Detached | Freehold |
| 08 March 2024 | £830,000 | 35 Rochester Avenue, Bromley, BR1 3DN | Semi-Detached | Freehold |
| 16 September 2022 | £455,000 | Columbium Court, 2 Flat 7 Tweedy Road, Bromley, BR1 3FA | Flat/Maisonette | Leasehold |
| 15 September 2022 | £453,000 | Columbium Court, 2 Flat 1 Tweedy Road, Bromley, BR1 3FA | Flat/Maisonette | Leasehold |
| 18 October 2022 | £455,000 | Columbium Court, 2 Flat 8 Tweedy Road, Bromley, BR1 3FA | Flat/Maisonette | Leasehold |
| 17 December 2021 | £1,270,000 | Sundridge Park Mansion 22 Willoughby Lane, Bromley, BR1 3FL | Flat/Maisonette | Leasehold |
| 04 March 2024 | £647,000 | 63 Rodway Road, Bromley, BR1 3JP | Terraced | Freehold |
| 29 November 2023 | £430,000 | 31 Wharton Road, Bromley, BR1 3LE | Terraced | Freehold |
| 02 February 2024 | £975,000 | 122 College Road, Bromley, BR1 3PF | Detached | Freehold |
| 26 February 2024 | £950,000 | 25 Tweedy Road, Bromley, BR1 3PR | Semi-Detached | Freehold |
| 07 July 2022 | £386,000 | 50 First Floor Flat Howard Road, Bromley, BR1 3QJ | Flat/Maisonette | Leasehold |
| 29 June 2023 | £517,500 | 14 Howard Road, Bromley, BR1 3QJ | Terraced | Freehold |
| 26 October 2022 | £1,000 | 24 Ground Floor Shop London Road, Bromley, BR1 3QR | Other | Leasehold |
| 15 December 2023 | £207,500 | 96 Hope Park, Bromley, BR1 3RQ | Flat/Maisonette | Leasehold |
| 09 August 2023 | £250,000 | Warrenhurst Court, 111 1 London Road, Bromley, BR1 3SD | Flat/Maisonette | Leasehold |
| 15 December 2023 | £315,000 | Carmine Court, 3 Flat 17 Spencer Road, Bromley, BR1 3WU | Flat/Maisonette | Leasehold |
Nearby sold properties | ||||
| 10 October 2023 | £382,075 | William House Flat 99 Ringers Road, Bromley, BR1 1AG | Flat/Maisonette | Leasehold |
| 08 March 2024 | £590,000 | 27 Ravensbourne Road, Bromley, BR1 1HN | Semi-Detached | Freehold |
| 28 September 2023 | £188,500 | Harestone Court, 10 Flat 1 Ringers Road, Bromley, BR1 1HT | Flat/Maisonette | Leasehold |
| 20 November 2023 | £300,000 | Chadwick Court, 12 Flat 9 Ringers Road, Bromley, BR1 1HT | Flat/Maisonette | Leasehold |
| 27 November 2023 | £350,000 | 18 Market Square, Bromley, BR1 1NA | Other | Freehold |
| 04 December 2023 | £515,000 | 28 West Street, Bromley, BR1 1RF | Semi-Detached | Freehold |
| 07 December 2023 | £650,000 | 32 Sunningdale Road, Bromley, BR1 2ET | Semi-Detached | Freehold |
| 12 September 2022 | £275,000 | 6 Flat 5 Park Hill, Bromley, BR1 2JH | Flat/Maisonette | Leasehold |
| 27 October 2023 | £300,000 | 4 Brookmead Avenue, Bromley, BR1 2LA | Semi-Detached | Freehold |
| 14 February 2024 | £1,100,000 | Malanda Oldfield Road, Bromley, BR1 2LE | Detached | Freehold |
| 23 February 2024 | £810,000 | Wessex Court, 15 Flat 7 Bickley Road, Bromley, BR1 2ND | Flat/Maisonette | Leasehold |
| 13 December 2023 | £540,000 | 25 Romney Drive, Bromley, BR1 2TE | Terraced | Freehold |
| 20 February 2024 | £490,000 | 1 Rolvenden Gardens, Bromley, BR1 2TN | Terraced | Freehold |
| 27 October 2023 | £582,500 | 13 Rolvenden Gardens, Bromley, BR1 2TN | Terraced | Freehold |
| 16 September 2022 | £250,000 | Treversh Court Flat 9 Grasmere Road, Bromley, BR1 4AX | Flat/Maisonette | Leasehold |
| 04 December 2023 | £430,000 | 7 Gladwell Road, Bromley, BR1 4DA | Terraced | Freehold |
| 31 January 2024 | £450,000 | 24 Hilldrop Road, Bromley, BR1 4DB | Terraced | Freehold |
| 07 December 2023 | £842,000 | 16 Minster Road, Bromley, BR1 4DZ | Detached | Freehold |
| 01 November 2023 | £1,125,000 | 57 Park Avenue, Bromley, BR1 4EG | Detached | Freehold |
| 29 February 2024 | £515,000 | 33 Alexandra Crescent, Bromley, BR1 4ET | Detached | Freehold |
| 19 July 2023 | £430,000 | 56 Bromley Hill, Bromley, BR1 4JU | Terraced | Freehold |
| 14 February 2023 | £325,000 | Longford House Flat 10 Brangbourne Road, Bromley, BR1 4LW | Flat/Maisonette | Leasehold |
| 06 March 2024 | £580,000 | 90 Kynaston Road, Bromley, BR1 5AW | Semi-Detached | Freehold |
| 17 November 2023 | £587,500 | 55 Portland Road, Bromley, BR1 5BB | Detached | Freehold |
| 23 February 2024 | £400,000 | 46 Ilfracombe Road, Bromley, BR1 5HB | Terraced | Freehold |
| 16 December 2023 | £570,000 | 2 Five Oaks Mews, Bromley, BR1 5HZ | Terraced | Freehold |
| 26 October 2023 | £385,000 | 130 Pendragon Road, Bromley, BR1 5LH | Terraced | Freehold |
| 07 December 2023 | £380,000 | 31 Lamerock Road, Bromley, BR1 5LY | Terraced | Freehold |
| 13 October 2023 | £420,000 | 184 Downham Way, Bromley, BR1 5NT | Terraced | Freehold |
| 12 December 2023 | £400,000 | 99 Downderry Road, Bromley, BR1 5QE | Terraced | Freehold |
| 05 November 2021 | £467,500 | 23 Bamford Road, Bromley, BR1 5QP | Terraced | Freehold |
| 07 April 2022 | £585,000 | 6a Dainford Close, Bromley, BR1 5QS | Detached | Freehold |
Please note that house prices for properties sold in and around BR1 3WU during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
