Average Price for property in Orchard Road, Bromley, BR1 is around £605,001 which varies based on type of property you are interested in and ranges from £1,080,694 for detached house to around £825,204 for semi-detached. Similarly flat is around £389,846. Values have been changing and have risen £4,967 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,976 in last 6 months, £56,117 in last 1 year, £110,486 in last 2 years, £119,075 in last 3 years, £114,679 in last 4 years and £127,609 in last 5 years.
Currently average asking price of a property in Orchard Road, Bromley, BR1 is around £602,737 based on approximately 3 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 Orchard Road, Bromley, BR1 is £605,001. Average asking price is £602,737 while average price paid is £523,333 which is up by £56,117 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 Orchard Road, Bromley, BR1 area. In last 1 year alone average price buyer paid is around £523,333 based on approximately 3 sales in Orchard Road, Bromley, BR1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £468,888. 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 £415,937 for 16 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £396,689 per sale.