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Palace Grove is a residential street with 135 addresses.
It ranks as the 452nd largest and 19th most expensive of the 490 streets in the BR1 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 135 properties: 5 houses and 130 flats.
Palace Grove is a residential street with 135 addresses.
It ranks as the 452nd largest and 19th most expensive of the 490 streets in the BR1 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 135 properties: 5 houses and 130 flats.
Sale prices range from £95,707 for 1 bedroom leasehold flats (398 ft2) to £960,855 for 5 bedroom freehold houses with a garden (2,626 ft2) .
Monthly rental prices range from £535 pcm for 1 bed flats to £3,401 pcm for 5 bed houses.
The gross rental yield is between 4.2% and 6.9%.
The average value per square foot is £463.
The last sale on Palace Grove sold for £340,000 on 17th April 2026. Since then prices are up an average of 0.7%.
The current average value in the street is £279,128.
The Palace Grove Sales Market has increased by 9.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £279,128 |
| May 2025 | 1% | £278,560 |
| May 2024 | -0.6% | £275,729 |
| May 2023 | -0.8% | £277,428 |
| May 2022 | 5.1% | £279,757 |
| May 2021 | 2.8% | £266,134 |
| May 2020 | 2.4% | £258,844 |
| May 2019 | -1.8% | £252,819 |
| May 2018 | -2.7% | £257,557 |
| May 2017 | 4% | £264,827 |
| May 2016 | 11.2% | £254,751 |
| May 2015 | 13.4% | £229,148 |
| May 2014 | 14.5% | £202,097 |
| May 2013 | 3.6% | £176,507 |
| May 2012 | 3.5% | £170,406 |
| May 2011 | 0.3% | £164,663 |
| May 2010 | 5.3% | £164,244 |
| May 2009 | -11.1% | £156,038 |
| May 2008 | 5.8% | £175,598 |
| May 2007 | 0% | £165,975 |
The current average rental value in the street is £1,389.
The Palace Grove Rental Market has increased by 35.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £1,389pcm |
| May 2025 | 3.7% | £1,338pcm |
| May 2024 | 4.7% | £1,290pcm |
| May 2023 | 13.2% | £1,232pcm |
| May 2022 | 4.7% | £1,088pcm |
| May 2021 | 2.8% | £1,039pcm |
| May 2020 | 2.5% | £1,012pcm |
| May 2019 | 0.3% | £987pcm |
| May 2018 | -2.5% | £984pcm |
| May 2017 | -1.4% | £1,009pcm |
| May 2016 | 5% | £1,024pcm |
| May 2015 | 6.5% | £975pcm |
| May 2014 | 5% | £915pcm |
| May 2013 | 5.1% | £871pcm |
| May 2012 | 3.6% | £829pcm |
| May 2011 | 5.1% | £801pcm |
| May 2010 | 1.4% | £762pcm |
| May 2009 | -5.5% | £751pcm |
| May 2008 | 7.3% | £795pcm |
| May 2007 | 0% | £741pcm |
The last sale was on 17th April 2026 for £340,000 and since then the market in the area has increased by 0.7%. The street has had a total of 249 sales since 1995.
Palace Grove, Bromley, BR1 has seen 20 sales in the last three years and 6 sales in the last twelve months.
Palace Grove, Bromley, BR1 is the 452nd largest and the 19th most expensive street in the BR1 area.
There are 6 postcodes on Palace Grove, Bromley, BR1.
The closest station to Palace Grove, Bromley, BR1 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 Palace Grove, Bromley, BR1, 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 Palace Grove, Bromley, BR1, 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 Palace Grove, Bromley, BR1, 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 Palace Grove, Bromley, BR1, 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 Palace Grove, Bromley, BR1, 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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