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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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11 Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 5 addresses.
It ranks as the 757th largest and 223rd most expensive of the 1,174 buildings in the BR1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
11 Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 5 addresses.
It ranks as the 757th largest and 223rd most expensive of the 1,174 buildings in the BR1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
Sale prices range from £243,774 for 1 bedroom leasehold flats (387 ft2) to £287,761 for 2 bedroom leasehold flats with a garden (495 ft2) .
Monthly rental prices range from £1,158 pcm for 1 bed flats to £1,398 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 5.8%.
The average value per square foot is £603.
The last sale in 11 Palace Grove sold for £280,000 on 22nd April 2022. Since then prices are down an average of 0.2%.
The current average value in the building is £261,253.
The 11 Palace Grove Sales Market has increased by 5.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.5% | £261,253 |
| May 2025 | 1.5% | £260,039 |
| May 2024 | -0.7% | £256,286 |
| May 2023 | -1.4% | £258,074 |
| May 2022 | 4.4% | £261,734 |
| May 2021 | 1.8% | £250,745 |
| May 2020 | 2.5% | £246,407 |
| May 2019 | -2.3% | £240,308 |
| May 2018 | -3.5% | £246,010 |
| May 2017 | 3.1% | £254,872 |
| May 2016 | 13.1% | £247,173 |
| May 2015 | 13.5% | £218,502 |
| May 2014 | 14.5% | £192,465 |
| May 2013 | 2.9% | £168,073 |
| May 2012 | 2.1% | £163,350 |
| May 2011 | 0.2% | £159,929 |
| May 2010 | 2.7% | £159,636 |
| May 2009 | -11.1% | £155,515 |
| May 2008 | 5.9% | £175,012 |
| May 2007 | 0% | £165,325 |
The current average rental value in the building is £1,247.
The 11 Palace Grove Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £1,247pcm |
| May 2025 | 4% | £1,198pcm |
| May 2024 | 5% | £1,152pcm |
| May 2023 | 12.1% | £1,097pcm |
| May 2022 | 3.8% | £979pcm |
| May 2021 | 1.8% | £943pcm |
| May 2020 | 2.7% | £926pcm |
| May 2019 | -0.2% | £902pcm |
| May 2018 | -3.1% | £903pcm |
| May 2017 | -2.2% | £932pcm |
| May 2016 | 6.5% | £953pcm |
| May 2015 | 7.3% | £894pcm |
| May 2014 | 4.8% | £834pcm |
| May 2013 | 4.1% | £795pcm |
| May 2012 | 2.4% | £764pcm |
| May 2011 | 4.9% | £746pcm |
| May 2010 | -1.4% | £711pcm |
| May 2009 | -5.7% | £722pcm |
| May 2008 | 7.8% | £765pcm |
| May 2007 | 0% | £710pcm |
The last sale was on 22nd April 2022 for £280,000 and since then the market in the area has decreased by 0.2%. The building has had a total of 23 sales since 1995.
11, Palace Grove, Bromley, BR1 3HA has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 11, Palace Grove, Bromley, BR1 3HA is Bromley North station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Palace Grove, Bromley, BR1 3HA, 49.0% of property is privately rented and 24.0% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Palace Grove, Bromley, BR1 3HA, 18.7% of residents are recorded as possessing school level qualifications and 52.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Palace Grove, Bromley, BR1 3HA, the average age was 38.4 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Palace Grove, Bromley, BR1 3HA, 0.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Palace Grove, Bromley, BR1 3HA, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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