Feb 07, 2023 by HM

House prices in Beckenham (BR3 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Beckenham (BR3 6).


Price per square metre

Knowing the average house price in Beckenham 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. 10, Springpark Drive, Beckenham, sold for £850,000 on Sep-2023. Given the internal area of 145 square metres, the price per sqm is £5,862.

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. £5,600-£6,000, £6,000-£6,400, £6,400-£6,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 154 sales in Beckenham (BR3 6) that took place in the last two years.

Distribution of £ per sqm for Beckenham (BR3 6)
Distribution of £ per sqm house prices in Beckenham

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 Beckenham (BR3 6). Of the 154 transactions, half were sold for between £5,320 and £7,100 per square metre. Notably, only 25% of properties that sold recently were valued at more than £7,100m2. 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 'BR3 6' is £5,990. The table below shows how 'BR3 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BR3 5 Beckenham £5,070m2 £5,550m2 £6,130m2
BR3 6 Beckenham £5,320m2 £5,990m2 £7,100m2
BR3 1 Beckenham £5,050m2 £5,660m2 £6,370m2
BR3 3 Beckenham £5,200m2 £6,090m2 £6,820m2
BR3 4 Beckenham £5,420m2 £6,210m2 £6,850m2

Will Beckenham 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 BR3 6 (Beckenham). 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 BR3 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Beckenham (BR3 6) over time
House price trends for Beckenham

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Beckenham 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 Beckenham data or any other data I am given.

Price map for Beckenham

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 Beckenham. 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.

Property price heatmap for Beckenham
House price heatmap for Beckenham

Street level data

Street Avg size Avg £/m2 Recent sales
Wickham Road, Beckenham, BR3 6Q 67m2 £4,930 43
Court Downs Road, Beckenham, BR3 6L 92m2 £5,430 17
Wickham Road, Beckenham, BR3 6L 94m2 £5,417 13
Chancery Lane, Beckenham, BR3 6N 74m2 £7,476 13
Malmains Way, Beckenham, BR3 6S 202m2 £6,519 12
Springpark Drive, Beckenham, BR3 6Q 122m2 £5,956 12
Elwill Way, Beckenham, BR3 6R 203m2 £5,993 11
Perth Road, Beckenham, BR3 6P 61m2 £5,960 10

Search for your street here.

Raw data

Our analysis of Beckenham 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
10, Springpark Drive, Beckenham £850,000
Sep-2023
145 5,862
35, Crescent Rd, Beckenham £950,000
Aug-2023
139 6,834
81, Hayes Way, Beckenham £980,000
Aug-2023
115 8,521

See the entire list of all sales in Beckenham (BR3 6) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.