Average Price for property in Nichol Lane, Bromley, BR1 is around £293,461 which varies based on type of property you are interested in and ranges from £422,808 for detached house to around £268,839 for semi-detached. Similarly terraced house is around £322,984 and a flat is worth £216,496. Values have been changing and have risen £2,410 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,296 in last 6 months, £27,223 in last 1 year, £53,598 in last 2 years, £57,767 in last 3 years, £55,638 in last 4 years and £61,911 in last 5 years.
Currently average asking price of a property in Nichol Lane, Bromley, BR1 is around £602,737 based on approximately 2 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 Nichol Lane, Bromley, BR1 is £293,461. Average asking price is £602,737 while average price paid is £270,000 which is up by £27,223 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 Nichol Lane, Bromley, BR1 area. In last 1 year alone average price buyer paid is around £270,000 based on approximately 2 sales in Nichol Lane, Bromley, BR1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £270,000. 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 £273,857 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £259,000 per sale.