8, Palace Grove - BR1 3HA
Key Building Insights
8, Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 3 addresses.
It ranks as the 618th largest and 318th 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 3 properties: 3 flats.
- Ave. Sale Price
- £307,410
- 10 Year change
- up 5.5%
- Ave. Rental Price
- £1,468pcm
- 10 Year change
- up 32.3%
- Ave. £ per ft²
- £580/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Building Insights
8, Palace Grove is a residential building situated on Palace Grove, Bromley, BR1 with 3 addresses.
It ranks as the 618th largest and 318th 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 3 properties: 3 flats.
- Ave. Sale Price
- £307,410
- 10 Year change
- up 5.5%
- Ave. Rental Price
- £1,468pcm
- 10 Year change
- up 32.3%
- Ave. £ per ft²
- £580/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties on Palace Grove, Bromley, BR1
- 8A Palace Grove
1 Bed Period Flat
- 8B Palace Grove
2 Bed Period Flat
- 8 Palace Grove
2 Bed Flat
Sales Market Trends
The last sale in 8, Palace Grove sold for £425,000 on 21st December 2022. Since then prices are down an average of 0.2%.
The current average value in the building is £307,410.
The 8, Palace Grove Sales Market has increased by 5.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £307,410 |
| June 2025 | 1.4% | £309,500 |
| June 2024 | -0.5% | £305,189 |
| June 2023 | -1.3% | £306,775 |
| June 2022 | 4.3% | £310,706 |
| June 2021 | 1.8% | £297,815 |
| June 2020 | 3.1% | £292,597 |
| June 2019 | -1.8% | £283,707 |
| June 2018 | -3.1% | £288,941 |
| June 2017 | 2.3% | £298,270 |
| June 2016 | 12.5% | £291,421 |
| June 2015 | 13% | £259,059 |
| June 2014 | 15.8% | £229,266 |
| June 2013 | 3.3% | £198,033 |
| June 2012 | 2.6% | £191,794 |
| June 2011 | -0.5% | £186,937 |
| June 2010 | 3.8% | £187,914 |
| June 2009 | -11.4% | £181,117 |
| June 2008 | 4.3% | £204,311 |
| June 2007 | 0% | £195,810 |
Rental Market Trends
The current average rental value in the building is £1,468.
The 8, Palace Grove Rental Market has increased by 32.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,468pcm |
| June 2025 | 3.8% | £1,422pcm |
| June 2024 | 5% | £1,370pcm |
| June 2023 | 12.2% | £1,304pcm |
| June 2022 | 4.7% | £1,163pcm |
| June 2021 | 1.8% | £1,111pcm |
| June 2020 | 3% | £1,092pcm |
| June 2019 | 0.5% | £1,060pcm |
| June 2018 | -2.5% | £1,054pcm |
| June 2017 | -2.6% | £1,081pcm |
| June 2016 | 6% | £1,110pcm |
| June 2015 | 7.3% | £1,047pcm |
| June 2014 | 5% | £976pcm |
| June 2013 | 4.1% | £930pcm |
| June 2012 | 2.6% | £893pcm |
| June 2011 | 4.5% | £870pcm |
| June 2010 | -0.1% | £833pcm |
| June 2009 | -6.7% | £833pcm |
| June 2008 | 7.8% | £893pcm |
| June 2007 | 0% | £829pcm |
Sales History
The last recorded sale was on 21st December 2022 for £425,000 and since then the market in the area has decreased by 0.2%.
8, Palace Grove, Bromley, BR1 3HA has had 3 sales since 1995, none of them in the last three years.
- Sold Dec 2022£425,000 | 2 Bed Flat8, Palace Grove, Bromley, BR1 3HA8, Palace Grove, Bromley, BR1 3HA
- Sold Oct 2007£177,500 | 2 Bed Flat8B, Palace Grove, Bromley, BR1 3HA8B, Palace Grove, Bromley, BR1 3HA
- Sold Nov 2002£115,000 | 2 Bed Flat8B, Palace Grove, Bromley, BR1 3HA8B, Palace Grove, Bromley, BR1 3HA
Property Types
- 2 period flats built between 1800 and 1911
- 1 flat of an unknown age
- period flat (2)
- flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (0)
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 8, 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