Average Price for property in Park Road, Bromley, BR1 is around £420,034 which varies based on type of property you are interested in and ranges from £824,764 for detached house to around £580,739 for semi-detached. Similarly terraced house is around £497,985 and a flat is worth £308,090. Values have been changing and have risen £3,449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,010 in last 6 months, £38,962 in last 1 year, £76,708 in last 2 years, £82,673 in last 3 years, £79,623 in last 4 years and £88,601 in last 5 years.
Currently average asking price of a property in Park Road, Bromley, BR1 is around £602,737 based on approximately 9 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 Park Road, Bromley, BR1 is £420,034. Average asking price is £602,737 while average price paid is £299,716 which is up by £38,962 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 Park Road, Bromley, BR1 area. In last 1 year alone average price buyer paid is around £299,716 based on approximately 9 sales in Park Road, Bromley, BR1 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £317,802. 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 £322,446 for 31 and average amount paid for purchase of approx. 38 properties sold in last 7 years comes to about £308,060 per sale.