Average Price for property in Homefield Road, Bromley, BR1 is around £340,434 which varies based on type of property you are interested in and ranges from £861,410 for detached house to around £517,061 for semi-detached. Similarly terraced house is around £424,710 and a flat is worth £297,153. Values have been changing and have risen £2,795 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,303 in last 6 months, £31,580 in last 1 year, £62,177 in last 2 years, £67,012 in last 3 years, £64,542 in last 4 years and £71,818 in last 5 years.
Currently average asking price of a property in Homefield Road, Bromley, BR1 is around £602,737 based on approximately 6 properties for sale. Same is the case with rental options based on 108 properties up for rent, average asking rent is around £1,357 per month.
Estimated property value in Homefield Road, Bromley, BR1 is £340,434. Average asking price is £602,737 while average price paid is £285,400 which is up by £31,580 and Avg. asking rent £1,357.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Homefield Road, Bromley, BR1 area. In last 1 year alone average price buyer paid is around £285,400 based on approximately 6 sales in Homefield Road, Bromley, BR1 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £271,491. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £279,258 for 17 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £258,673 per sale.