House prices in Bromley have gone up by an average of over £4,000 in the month of March, according to figures from the Land Registry.
The latest data from the government department reveals that in March 2022 average house prices in Bromley reached £495,596.
This was up from £491,139 in February, representing a 0.9 per cent increase. In the last 12 months it has risen by 9.4 per cent.
How much have house prices increased in Bromley?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £1,027,288 from £1,018,380 in February
- Semi-detached houses - Up to £615,576 from £608,747 in February
- Terraced houses - Up to £450,103 from £445,998 in February
- Flats - Up to £311,199 from £309,128 in February
How do Bromley house prices compare to the UK average?
Even when comparing Bromley to the picture across the UK, the area is far above the UK average with a typical property value in the nations reaching £278,436 in March.
In cash terms, the average house price in March was £24,931 higher than a year earlier with house price growth accelerating to 9.8 per cent in March 2022. Prices were up by 0.3 per cent month on month.
How much could your house be worth?
We have created this map for the London so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Bromley are the most expensive for average house prices.
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