Feb 07, 2023 by HM

House prices in Bromley Cross (BL7 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Bromley Cross (BL7 9).

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Price per square metre

Knowing the average house price in Bromley Cross is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. Apartment 8 The School House, School Street, Bromley Cross, sold for £182,000 on Aug-2023. Given the internal area of 96 square metres, the price per sqm is £1,895.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 342 sales in Bromley Cross (BL7 9) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Bromley Cross (BL7 9). Of the 342 transactions, half were sold for between £2,230 and £3,320 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,320m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BL7 9' is £2,750. The table below shows how 'BL7 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BL7 9 Bromley Cross	£2,230m2	£2,750m2	£3,320m2
BL7 0 Turton	£2,550m2	£2,920m2	£3,770m2
BL7 8 Belmont	£1,980m2	£2,450m2	£2,810m2

Will Bromley Cross house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BL7 9 (Bromley Cross). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BL7 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Bromley Cross and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Bromley Cross data or any other data I am given.

Price map for Bromley Cross

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Bromley Cross. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Bromley Cross

Street level data

Street	Avg size	Avg £/m2	Recent sales
Threadfold Way, Bromley Cross, BL7 9D	97m2	£2,070	41
Blackburn Road, Bromley Cross, BL7 9S	88m2	£2,313	35
Darwen Road, Bromley Cross, BL7 9B	92m2	£2,052	29
Deakins Mill Way, Bromley Cross, BL7 9Y	104m2	£1,875	29
Clarendon Gardens, Bromley Cross, BL7 9G	68m2	£2,337	24
Valley Mill, Bromley Cross, BL7 9D	98m2	£1,708	23
Darwen Road, Bromley Cross, BL7 9J	82m2	£2,054	20
Lords Stile Lane, Bromley Cross, BL7 9J	68m2	£2,364	19

Search for your street here.

Raw data

Our analysis of Bromley Cross is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
Apartment 8 The School House, School St, Bromley Cross	£182,000 Aug-2023	96	1,895
10, Dewhurst Clough Rd, Bromley Cross	£320,000 Aug-2023	65	4,923
57, Higher Shady Lane, Bromley Cross	£245,000 Aug-2023	110	2,227

See the entire list of all sales in Bromley Cross (BL7 9) here.