Flat 4, 18 Palace Grove, Bromley, BR1 3HA is a leasehold flat built between 2003-2006. The property offers approximately 452 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £271,116 , which equates to approximately £600 per square foot. It was last sold on 14 Apr 2022 for £260,000. Since then, the value has increased by £11,116, representing a 4.3% increase, or approximately 1.2% per year.

The current estimated value of £271,116 is:

  • 5.4% lower than the average property price on Palace Grove
  • 16.5% lower than the average in the BR1 3HA postcode area
  • and 55.2% lower than the average price for Bromley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 12 November 2020, the property was recorded as owner-occupied.

View sold house prices in BR1 3HA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£271,116
Price Per sq ft (estimate)
£600
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 18 Palace Grove, Bromley, Greater London, BR1 3HA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Nov 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Aug 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 23.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, insulated (assumed), improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 63% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to BR1 3HA

17 th / 40
Price Rank
16% lower than average
18 th / 24
Size Rank
24% smaller than average
2 nd / 24
Price Per Sq FT Rank
9% higher than average

Compared to other properties in BR1 3HA , this flat's estimated value ranks 17th out of 40. Based on price per square foot, it ranks 2nd out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 18th out of 24 properties in its postcode area.

Sale History

Today
£271,116
streetscan.co.uk estimate
+4 %
14 Apr 2022
£260,000
Leasehold
-3.7 %
22 Dec 2016
£270,000
Leasehold
+14.6 %
22 Aug 2014
£235,532
Leasehold
+36.9 %
29 Nov 2010
£172,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £257,000
sale date: 9 Aug 2024
rooms: 2
size: 463 sq ft
sale price: £280,000
sale date: 22 Apr 2022
rooms: 2
size: 452 sq ft
sale price: £255,000
sale date: 29 May 2019
rooms: 2
size: 388 sq ft
sale price: £230,000
sale date: 26 Apr 2017
rooms: 2
size: 431 sq ft
sale price: £215,000
sale date: 22 Apr 2016

Data Sources

The property at Flat 4, 18 Palace Grove, Bromley, BR1 3HA appears four times in the Land Registry records, with the latest transaction recorded on 14 Apr 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.