House prices in BR1 3 (Bromley North)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BR1 3' (Bromley North, Bromley) - statistics were last calculated on 30 August 2024.


Defining 'BR1 3'

This analysis is limited to properties whose postcode starts with "BR1 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Bromley North.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

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

£ per sqft = price ÷ internal area
E.g. Flat 4 Andringham Lodge, 51, Palace Grove, Bromley North, Bromley, sold for £100,000 on Jul-2024. Given the internal area of 462 square feet, the price per sqft is £215.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £436-£464, £464-£492, £492-£520 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 247 sales in Bromley North (BR1 3) that took place in the last two years.

Distribution of £ per sqft for Bromley North, Bromley
Distribution of £ per sqft house prices in Bromley North

Generate a custom chart like the one above but based on your own criteria.

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.

The spread of prices will give you a feel of the typical range to expect in Bromley North (BR1 3). Of the 247 transactions, half were sold for between £442 and £580 per square foot. The median, or 'middle', price per square foot in 'BR1 3' is £511. Notably, only 25% of properties that sold recently were valued at more than £580 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bromley North, Bromley

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Bromley. 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.

Property price heatmap for Bromley North
House price heatmap for Bromley North, Bromley

Comparison with neighbouring postcode sectors

The table below shows how 'BR1 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BR1 1 Bromley North £418 sqft £506 sqft £580 sqft
BR1 2 Bickley £484 sqft £538 sqft £628 sqft
BR1 3 Bromley North £442 sqft £511 sqft £580 sqft
BR1 4 Ravensbourne £440 sqft £486 sqft £545 sqft
BR1 5 Grove Park £453 sqft £514 sqft £560 sqft

Will Bromley 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 chart below for BR1 3 (Bromley North) compared with both the wider area BR1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Bromley North,Bromley
House price trends for Bromley North

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BR1 3 sales
Recent trends for Bromley North

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Bromley to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Bromley 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.

Street level data

Street Avg size Avg £sqft Recent sales
Widmore Road, Bromley North, BR1 3A 645 sqft £370 34
Widmore Road, Bromley North, BR1 3B 753 sqft £487 28
Oaklands Road, Bromley North, BR1 3S 828 sqft £493 23
Morgan Road, Bromley North, BR1 3Q 699 sqft £511 22
Palace Grove, Bromley North, BR1 3H 613 sqft £363 21
Palace Road, Bromley North, BR1 3J 785 sqft £584 20
Blyth Road, Bromley North, BR1 3R 753 sqft £481 20
Wharton Road, Bromley North, BR1 3L 570 sqft £666 15

Search for your street here.

Raw data

Our analysis of Bromley North 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 sqft £/sqft
Flat 4 Andringham Lodge, 51, Palace Grove, Bromley North, Bromley £100,000
Jul-2024
462 215
Flat 10 Hampton Grange, 14, Marian Gardens, Bromley North, Bromley £580,000
Jun-2024
1,011 573
49, Howard Rd, Bromley North, Bromley £775,000
Jun-2024
1,517 510

See the entire list of all sales in Bromley North (BR1 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.