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According to the public record, 127, Palace View, Bromley is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,315 ft2 of internal area and sits on a 242 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 127, Palace View, Bromley is £703,934 and the estimated rental value is £2,786 per month.
Palace View, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
127, Palace View, Bromley has 41 entries in the Land Registry , most recently in February 2020 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 127, Palace View, Bromley is in very good condition we estimate a sale value of £739,131 and a rental value of £2,925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £654,659 and a rental value of £2,591 per month.
Over the last 12 months the sale value of 127 Palace View Bromley has decreased by an estimated £6,300 (0.9%) and its rental value has increased by an estimated £78 per month (2.8%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 127, Palace View, Bromley sits on a plot of 242m2.
We have plot size data on 30 out of 35 other houses in the postcode and 127, Palace View, Bromley sits on the 22nd largest plot.
According to HM Land Registry, 127, Palace View, Bromley was last sold on 28th February 2020 for £600,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since February 2020, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 127, Palace View, Bromley within a radius of 510 metres over the last 2 years.
The most recent example is 14, Forde Avenue, Bromley, BR1 3EX, a freehold house which sold for £775,000 on the 14th February 2024.
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, 127, Palace View, Bromley is the 71st largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £172k more expensive than the average property in BR1.
The closest station to 127, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 127, 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 127, 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 127, 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 127, 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 127, 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.
