38, Palace Road - BR1 3JT
Key Building Insights
38, Palace Road is a residential building situated on Palace Road, Bromley, BR1 with 3 addresses.
It ranks as the 554th largest and 478th most expensive of the 1,173 buildings in the BR1 area.
The building contains a total of 3 properties: 1 house, 1 flat and 1 other property.
- Ave. Sale Price
- £420,605
- 10 Year change
- up 10.7%
- Ave. Rental Price
- £2,015pcm
- 10 Year change
- up 39.0%
- Ave. £ per ft²
- £442/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Building Insights
38, Palace Road is a residential building situated on Palace Road, Bromley, BR1 with 3 addresses.
It ranks as the 554th largest and 478th most expensive of the 1,173 buildings in the BR1 area.
The building contains a total of 3 properties: 1 house, 1 flat and 1 other property.
- Ave. Sale Price
- £420,605
- 10 Year change
- up 10.7%
- Ave. Rental Price
- £2,015pcm
- 10 Year change
- up 39.0%
- Ave. £ per ft²
- £442/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties on Palace Road, Bromley, BR1
- 38A Palace Road
Modern Flat
- 38B Palace Road
4 Bed House
- 38 Palace Road
2 Bed Flat
Sales Market Trends
The last sale in 38, Palace Road sold for £310,000 on 20th September 2021. Since then prices are up an average of 2.2%.
The current average value in the building is £420,605.
The 38, Palace Road Sales Market has increased by 10.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £420,605 |
| June 2025 | 1.2% | £426,286 |
| June 2024 | -0.8% | £421,087 |
| June 2023 | -1.1% | £424,463 |
| June 2022 | 6.1% | £429,159 |
| June 2021 | 3.7% | £404,408 |
| June 2020 | 2.6% | £390,047 |
| June 2019 | -1.4% | £380,224 |
| June 2018 | -2.2% | £385,550 |
| June 2017 | 3.8% | £394,206 |
| June 2016 | 9.5% | £379,860 |
| June 2015 | 12.4% | £346,790 |
| June 2014 | 15.4% | £308,407 |
| June 2013 | 4.2% | £267,248 |
| June 2012 | 4.2% | £256,481 |
| June 2011 | 0% | £246,135 |
| June 2010 | 8.9% | £246,180 |
| June 2009 | -10.8% | £226,097 |
| June 2008 | 4.1% | £253,502 |
| June 2007 | 0% | £243,530 |
Rental Market Trends
The current average rental value in the building is £2,015.
The 38, Palace Road Rental Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £2,015pcm |
| June 2025 | 3.7% | £1,960pcm |
| June 2024 | 4.3% | £1,890pcm |
| June 2023 | 13% | £1,812pcm |
| June 2022 | 6.9% | £1,603pcm |
| June 2021 | 3.4% | £1,501pcm |
| June 2020 | 2.4% | £1,451pcm |
| June 2019 | 1% | £1,417pcm |
| June 2018 | -2% | £1,403pcm |
| June 2017 | -1.2% | £1,431pcm |
| June 2016 | 3.6% | £1,449pcm |
| June 2015 | 5.8% | £1,398pcm |
| June 2014 | 4.9% | £1,321pcm |
| June 2013 | 5.6% | £1,260pcm |
| June 2012 | 4% | £1,193pcm |
| June 2011 | 5.2% | £1,147pcm |
| June 2010 | 5.4% | £1,090pcm |
| June 2009 | -5.8% | £1,034pcm |
| June 2008 | 6.7% | £1,098pcm |
| June 2007 | 0% | £1,029pcm |
Sales History
The last recorded sale was on 20th September 2021 for £310,000 and since then the market in the area has increased by 2.2%.
38, Palace Road, Bromley, BR1 3JT has had 3 sales since 1995, none of them in the last three years.
- Sold Sep 2021£310,000 | 2 Bed Flat38, Palace Road, Bromley, BR1 3JT38, Palace Road, Bromley, BR1 3JT
- Sold Nov 2018£552,500 | 4 Bed House38B, Palace Road, Bromley, BR1 3JT38B, Palace Road, Bromley, BR1 3JT
- Sold Oct 2013£199,995 | 2 Bed Flat38, Palace Road, Bromley, BR1 3JT38, Palace Road, Bromley, BR1 3JT
Property Types
- 1 house of an unknown age
- 1 flat of an unknown age
- 1 other address of unknown type
- house (1)
- flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is A.
- A (1)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2018£615,000 | 4 Bed House43, Palace Road, Bromley, BR1 3JU43, Palace Road, Bromley, BR1 3JU
- Sold May 2021£600,000 | 4 Bed House43, Palace Road, Bromley, BR1 3JU43, Palace Road, Bromley, BR1 3JU
- Sold Oct 2016£591,995 | 3 Bed House98, Palace Road, Bromley, BR1 3JX98, Palace Road, Bromley, BR1 3JX
Schools Nearby
- St Joseph's Catholic Primary School500 m away
- Orion Scotts Park700 m away
- Parish Church of England Primary School900 m away
- Bullers Wood School for Boys1.4 km away
- The Ravensbourne School1.6 km away
- Bullers Wood School1.9 km away
More reading links
Public Transport Nearby
The closest station to 38, Palace Road, Bromley, BR1 3JT is Bromley North station, which is 200 metres away.
- Bromley North|200 m away
- Sundridge Park|500 m away
- Bromley South|1.0 km away
- Shortlands|1.3 km away
