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House Prices in BR2 House Prices in BR2 (Bromley & Keston)

The average house price in BR2 (Bromley & Keston) is £638,361 using HM Land Registry data.

The average property price increased by £129,063 (26.08%) over the last 5 years and increased by £25,860 (3.93%) over the last 12 months.

Over the last year, there were 453 residential property sales – a decrease of 126 transactions (-27.81%) relative to the previous year. The majority of house sales (114) were in the £422,000 - £554,000 range. Then came properties in the £554,000 - £686,000 range, where 91 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,747 (-3%).

In Oct 24, there were 120 new estate agency instructions, 38 agreed home sales and 104 property price reductions.

Nearby Postcodes: , BR1, BR3, BR4, BR5, BR6, BR7, BR8, CR0, CR2, CR3, CR4, CR6, CR7, CR8, CR9, CR90, DA14, DA4, RH8, SE12, SE20, SE25, SE26, SE6, SE9, SM6, TN14, TN16, TN8

5-Year Average Property Prices in BR2 (Bromley & Keston)

26.08%

Property prices in Bromley & Keston increased by 26.08% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BR2 (Bromley & Keston) Over the Last Year

3.93%

Property prices in Bromley & Keston increased by 3.93% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BR2 (Bromley & Keston) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BR2 (Bromley & Keston)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BR2 (Bromley & Keston)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BR2 (Bromley & Keston)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BR2 (Bromley & Keston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BR2 postcode area since 1995.

Recent Sales in BR2 (Bromley & Keston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Ribston Close, Bromley, Greater London, BR2 8LS£530,000£525,000-£5,00020 Nov 202316 May 2024178 Days
13 Great Elms Road, Bromley, Greater London, BR2 9NE£650,000£640,000-£10,00011 Oct 202301 May 2024203 Days
1 Queens Mead Road, Bromley, Greater London, BR2 0ER£575,000£560,000-£15,00018 Jul 202330 Apr 2024287 Days
68 Ravensbourne Avenue, Bromley, Greater London, BR2 0BP£1,000,000£950,000-£50,00019 Jun 202326 Apr 2024312 Days
37 Southlands Road, Bromley, Greater London, BR2 9QR£510,000£500,000-£10,00019 Oct 202326 Apr 2024190 Days
9 Sandiland Crescent, Bromley, Greater London, BR2 7DP£1,125,000£1,100,000-£25,00018 Sep 202309 Apr 2024204 Days
79 Cumberland Road, Bromley, Greater London, BR2 0PL£1,250,000£1,125,000-£125,00014 Oct 202308 Apr 2024177 Days
48 Kingswood Road, Bromley, Greater London, BR2 0NF£850,000£825,000-£25,00011 Sep 202327 Mar 2024198 Days
79 Glanville Road, Bromley, Greater London, BR2 9LN£650,000£650,000£0017 Nov 202326 Mar 2024130 Days
Jasmine Cottage, Leaves Green Road, Keston, Greater London, BR2 6DS£495,000£475,000-£20,00004 Nov 202319 Mar 2024136 Days
61 Cowper Road, Bromley, Greater London, BR2 9RT£495,000£460,000-£35,00013 Sep 202315 Mar 2024184 Days
4 Albert Road, Bromley, Greater London, BR2 9PY£485,000£460,000-£25,00030 Sep 202308 Mar 2024160 Days
3 Havelock Road, Bromley, Greater London, BR2 9NY£520,000£505,000-£15,00005 Sep 202308 Mar 2024185 Days
4 Hawthorndene Close, Bromley, Greater London, BR2 7DT£750,000£715,000-£35,00027 Sep 202329 Feb 2024155 Days
19 Durham Road, Bromley, Greater London, BR2 0SN£600,000£585,000-£15,00006 Sep 202322 Feb 2024169 Days
26 Mounthurst Road, Bromley, Greater London, BR2 7QN£570,000£550,000-£20,00025 Nov 202316 Feb 202483 Days
69 Addison Road, Bromley, Greater London, BR2 9RS£525,000£515,000-£10,00022 Sep 202302 Feb 2024133 Days
10 Letchworth Close, Bromley, Greater London, BR2 9BD£450,000£440,000-£10,00007 Jul 202326 Jan 2024203 Days
191 Mead Way, Bromley, Greater London, BR2 9ES£850,000£803,500-£46,50010 May 202326 Jan 2024261 Days
39 Pickhurst Lane, Bromley, Greater London, BR2 7JE£749,999£715,000-£34,99913 Oct 202326 Jan 2024105 Days

Most Expensive Streets in BR2 (Bromley & Keston)

PostcodeStreetAreaAverageNo. of Sales
BR2 6EGForest Ridge, KestonBromley & Keston£4,566,6663
BR2 6EFForest Drive, KestonBromley & Keston£4,487,5004
BR2 6EQForest Ridge, KestonBromley & Keston£2,913,3334
BR2 6EWLongdon Wood, KestonBromley & Keston£2,251,0005
BR2 6ENLongdon Wood, KestonBromley & Keston£1,802,5004
BR2 6EEForest Drive, KestonBromley & Keston£1,725,0004
BR2 0LGScotts Avenue, BromleyBromley & Keston£1,561,2504
BR2 9AUStone Road, BromleyBromley & Keston£1,377,6878
BR2 8QULangham Close, BromleyBromley & Keston£1,236,6663
BR2 9AAHayes Road, BromleyBromley & Keston£1,206,6663

Least Expensive Streets in BR2 (Bromley & Keston)

PostcodeStreetAreaAverageNo. of Sales
BR2 9SUHomesdale Road, BromleyBromley & Keston£86,5003
BR2 9FNHomesdale Road, BromleyBromley & Keston£153,0004
BR2 7LPHopton Court, Forge CloseBromley & Keston£185,7147
BR2 9YDSt Mark's Square, BromleyBromley & Keston£186,2507
BR2 0QXWestmoreland Road, BromleyBromley & Keston£209,5006
BR2 9FRArchery Lane, BromleyBromley & Keston£211,8217
BR2 0RBDurham Avenue, BromleyBromley & Keston£214,73223
BR2 9BPElgar Lodge, Fair AcresBromley & Keston£222,9378
BR2 9BSLemare Lodge, Fair AcresBromley & Keston£233,70812
BR2 8GZOsprey Close, BromleyBromley & Keston£237,2083

Explore BR2 (Bromley & Keston) using map

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