16, Palace Grove - BR1 3HA
Key Building Insights
16, Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 4 addresses.
It ranks as the 657th largest and 295th most expensive of the 1,173 buildings in the BR1 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £273,923
- 10 Year change
- up 3.0%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 29.1%
- Ave. £ per ft²
- £575/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Building Insights
16, Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 4 addresses.
It ranks as the 657th largest and 295th most expensive of the 1,173 buildings in the BR1 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £273,923
- 10 Year change
- up 3.0%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 29.1%
- Ave. £ per ft²
- £575/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties on Palace Grove, Bromley, BR1
- Flat 1, 16 Palace Grove
1 Bed Period Flat
- Flat 2, 16 Palace Grove
2 Bed Period Flat
- Flat 3, 16 Palace Grove
Period Flat
- Flat 4, 16 Palace Grove
1 Bed Period Flat
Sales Market Trends
The last sale in 16, Palace Grove sold for £305,000 on 26th November 2021. Since then prices are up an average of 1.2%.
The current average value in the building is £273,923.
The 16, Palace Grove Sales Market has increased by 3.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £273,923 |
| June 2025 | 0.7% | £275,114 |
| June 2024 | -0.4% | £273,213 |
| June 2023 | -1.7% | £274,443 |
| June 2022 | 4.3% | £279,222 |
| June 2021 | 1.4% | £267,633 |
| June 2020 | 2.8% | £264,054 |
| June 2019 | -2.1% | £256,809 |
| June 2018 | -3.4% | £262,384 |
| June 2017 | 2.2% | £271,717 |
| June 2016 | 12.6% | £265,941 |
| June 2015 | 13.1% | £236,126 |
| June 2014 | 15.8% | £208,761 |
| June 2013 | 3.3% | £180,353 |
| June 2012 | 2.6% | £174,653 |
| June 2011 | -0.5% | £170,289 |
| June 2010 | 3.8% | £171,187 |
| June 2009 | -11.3% | £164,970 |
| June 2008 | 4.3% | £186,083 |
| June 2007 | 0% | £178,368 |
Rental Market Trends
The current average rental value in the building is £1,336.
The 16, Palace Grove Rental Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,336pcm |
| June 2025 | 3% | £1,291pcm |
| June 2024 | 5.1% | £1,253pcm |
| June 2023 | 11.7% | £1,192pcm |
| June 2022 | 4.7% | £1,068pcm |
| June 2021 | 1.3% | £1,020pcm |
| June 2020 | 2.7% | £1,006pcm |
| June 2019 | 0.2% | £980pcm |
| June 2018 | -2.8% | £978pcm |
| June 2017 | -2.7% | £1,006pcm |
| June 2016 | 6.1% | £1,035pcm |
| June 2015 | 7.4% | £975pcm |
| June 2014 | 5% | £908pcm |
| June 2013 | 4.1% | £865pcm |
| June 2012 | 2.6% | £831pcm |
| June 2011 | 4.5% | £810pcm |
| June 2010 | -0.1% | £775pcm |
| June 2009 | -6.7% | £776pcm |
| June 2008 | 7.8% | £831pcm |
| June 2007 | 0% | £771pcm |
Sales History
The last recorded sale was on 26th November 2021 for £305,000 and since then the market in the area has increased by 1.2%.
16, Palace Grove, Bromley, BR1 3HA has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2021£305,000 | 2 Bed FlatFlat 2, 16, Palace Grove, Bromley, BR1 3HAFlat 2, 16, Palace Grove, Bromley, BR1 3HA
- Sold Nov 2006£166,500 | 1 Bed FlatFlat 1, 16, Palace Grove, Bromley, BR1 3HAFlat 1, 16, Palace Grove, Bromley, BR1 3HA
- Sold Jul 2005£158,000 | 2 Bed FlatFlat 3, 16, Palace Grove, Bromley, BR1 3HAFlat 3, 16, Palace Grove, Bromley, BR1 3HA
Property Types
- 3 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Oct 2015£615,000 | 3 Bed FlatFlat 1, 42, Palace Grove, Bromley, BR1 3HBFlat 1, 42, Palace Grove, Bromley, BR1 3HB
- Sold Jun 2021£545,000 | 3 Bed FlatFlat 1, 42, Palace Grove, Bromley, BR1 3HBFlat 1, 42, Palace Grove, Bromley, BR1 3HB
- Sold Dec 2018£480,000 | 3 Bed Flat35B, Palace Grove, Bromley, BR1 3HB35B, Palace Grove, Bromley, BR1 3HB
Schools Nearby
- St Joseph's Catholic Primary School600 m away
- Orion Scotts Park800 m away
- Parish Church of England Primary School900 m away
- Bullers Wood School for Boys1.5 km away
- The Ravensbourne School1.6 km away
- Bullers Wood School2.0 km away
More reading links
Public Transport Nearby
The closest station to 16, Palace Grove, Bromley, BR1 3HA is Bromley North station, which is 100 metres away.
- Bromley North|100 m away
- Sundridge Park|600 m away
- Bromley South|900 m away
- Shortlands|1.2 km away