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According to the public record, 58, Palace View, Bromley is a early-century freehold house with 1,453 ft2 of internal area and sits on a 301 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 58, Palace View, Bromley is £763,655 and the estimated rental value is £2,803 per month.
Palace View, Bromley, BR1 is located in the borough of Bromley within the BR1 postal district.
58, Palace View, Bromley has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 58, Palace View, Bromley is in very good condition we estimate a sale value of £801,838 and a rental value of £2,943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £710,199 and a rental value of £2,607 per month.
Over the last 12 months the sale value of 58 Palace View Bromley has decreased by an estimated £6,835 (0.9%) and its rental value has increased by an estimated £79 per month (2.8%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 58, Palace View, Bromley sits on a plot of 301m2.
We have plot size data on 39 out of 39 other houses in the postcode and 58, Palace View, Bromley sits on the 30th largest plot.
58, Palace View, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 58, Palace View, Bromley was last sold on 30th January 2015 for £548,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2015, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Palace View, Bromley within a radius of 500 metres over the last 2 years.
The most recent example is 31, The Chase, Bromley, BR1 3DE, a freehold house which sold for £820,000 on the 29th November 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, 58, Palace View, Bromley is the 37th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in BR1.
The closest station to 58, Palace View, Bromley is Bromley South station which is 300 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 58, Palace View, Bromley, 44.8% of property is privately owned outright and 44.8% is privately owned with a mortgage.
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 58, Palace View, Bromley, 26.4% of residents are recorded as possessing school level qualifications and 42.7% 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 58, 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 58, Palace View, Bromley, 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 58, 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.
