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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 113, Palace View, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,096 ft2 of internal area and sits on a 243 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 113, Palace View, Bromley is £626,349 and the estimated rental value is £2,563 per month.
Palace View, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
113, Palace View, Bromley has 21 entries in the Land Registry , most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 113, Palace View, Bromley is in very good condition we estimate a sale value of £657,666 and a rental value of £2,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,504 and a rental value of £2,384 per month.
Over the last 12 months the sale value of 113 Palace View Bromley has decreased by an estimated £142 (0.0%) and its rental value has increased by an estimated £85 per month (3.3%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 113, Palace View, Bromley sits on a plot of 243m2.
We have plot size data on 30 out of 35 other houses in the postcode and 113, Palace View, Bromley sits on the 21st largest plot.
According to HM Land Registry, 113, Palace View, Bromley was last sold on 13th April 2007 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2007, the market for similar properties has risen 57.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 113, Palace View, Bromley within a radius of 520 metres over the last 2 years.
The most recent example is 7, Forde Avenue, Bromley, BR1 3EU, a freehold house which sold for £582,500 on the 25th September 2023.
Read more about house prices in BR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace View, Bromley, BR1 has a total of 158 addresses. According to our analysis of all the public data, 113, Palace View, Bromley is the 141st largest and the 137th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in BR1.
The closest station to 113, Palace View, Bromley is Bromley South station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 113, Palace View, Bromley, 54.2% of property is privately owned with a mortgage and 39.4% 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 113, Palace View, Bromley, 25.9% of residents are recorded as possessing school level qualifications and 52.8% 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 113, Palace View, Bromley, the average age was 40.1 and the most common age was 52.
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 113, Palace View, Bromley, 1.2% 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 113, Palace View, Bromley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
