House prices in BR2 9 (Bromley South)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BR2 9' (Bromley South, Bromley) - statistics were last calculated on 30 June 2024.

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Defining 'BR2 9'

This analysis is limited to properties whose postcode starts with "BR2 9", 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 South.

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

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

Price per square metre

Knowing the average house price in Bromley South 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. Flat 1 South Ridge, 33, Bromley Common, Bromley South, Bromley, sold for £327,000 on May-2024. Given the internal area of 65 square metres, the price per sqm is £5,030.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 305 sales in Bromley South (BR2 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.

The spread of prices will give you a feel of the typical range to expect in Bromley South (BR2 9). Of the 305 transactions, half were sold for between £4,950 and £6,250 per square metre. The median, or 'middle', price per square metre in 'BR2 9' is £5,600. Notably, only 25% of properties that sold recently were valued at more than £6,250 sqm. 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 South, 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.

House price heatmap for Bromley South, Bromley

Comparison with neighbouring postcode sectors

The table below shows how 'BR2 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BR2 8 Bickley	£5,100 sqm	£5,680 sqm	£6,460 sqm
BR2 9 Bromley South	£4,950 sqm	£5,600 sqm	£6,250 sqm
BR2 0 Shortlands	£4,930 sqm	£5,670 sqm	£6,430 sqm
BR2 7 Hayes	£5,590 sqm	£6,190 sqm	£6,990 sqm
BR2 6 Hayes	£5,280 sqm	£6,250 sqm	£7,110 sqm

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 BR2 9 (Bromley South) compared with both the wider area BR2 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 £sqm	Recent sales
Fair Acres, Bromley South, BR2 9B	67 sqm	£3,962	34
Cowper Road, Bromley South, BR2 9R	82 sqm	£4,272	27
Southlands Road, Bromley South, BR2 9Q	88 sqm	£5,549	25
Mead Way, Bromley South, BR2 9E	111 sqm	£5,351	24
Mackintosh Street, Bromley South, BR2 9U	61 sqm	£5,244	24
Hayes Lane, Bromley South, BR2 9E	142 sqm	£5,819	23
Jefferson Place, Bromley South, BR2 9F	59 sqm	£5,082	22
Victoria Road, Bromley South, BR2 9P	84 sqm	£5,808	20

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
St Mark'S Square, Bromley South, BR2 9Y	64 sqm	£5,634	21
St Mark'S Square, Bromley South, BR2 9U	70 sqm	£5,961	9

St Mark'S Square, Bromley South, BR2 9Y has seen 21 new build sales in the last 4 years (average price £380,390). These new build homes typically have an internal area of 64 sqm, with an average price of £5,634 sqm. This £sqm average is £34 above the average for BR2 9. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Bromley South 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	sqm	£/sqm
Flat 1 South Ridge, 33, Bromley Common, Bromley South, Bromley	£327,000 May-2024	65	5,030
5a, Chatterton Rd, Bromley South, Bromley	£330,000 May-2024	71	4,647
13, Great Elms Rd, Bromley South, Bromley	£640,000 May-2024	113	5,663

See the entire list of all sales in Bromley South (BR2 9) here.