Bromley Common House Prices, London
Bromley Common is an area, located in the borough Bromley.
Bromley Common House Prices
As of June, 2024, the average house prices in Bromley Common are as follows:
- 1 bedroom flat – £275,000 (0.13%)
- 2 bedroom flat – £375,000 (-8.5%)
- 3 bedroom flat – £575,000 (-3.2%)
- 4 bedroom flat – £699,997 (4.93%)
- 5 bedroom flat – £775,000 (-8.15%)
Keep in mind that these are simply the average rates for Bromley Common house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Bromley Common, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Bromley Common house price is £589,500, high by 0.43% as of £587,000 in May, 2024.
- Currently, there are 82 houses for sale and an average of 3 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Bromley Common house prices.
Bromley Common House Prices Growth
The average house price in Bromley Common over the last 5 years is as follows:
- 2019-06 – £444,686
- 2020-06 – £448,360 (0.83%)
- 2021-06 – £497,330 (10.92%)
- 2022-06 – £483,686 (-2.74%)
- 2023-06 – £549,814 (13.67%)
- 2024-06 – £536,428 (-2.43%)
Sold house prices in Bromley Common have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 20%. Thus, if the trend continues, purchasing real estate in Bromley Common in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Bromley Common house prices, it’s also wise to keep an eye on house rent prices in Bromley Common. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Bromley Common.