3A, PALACE VIEW, BROMLEY, BR1 3EJ - £790,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3A PALACE VIEW is a small detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £861,057. It was last sold for £790,000 in June 2021, which was around 18% below the average June 2021 detached price in the Bromley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

3A PALACE VIEW Sold Prices

Land registry data shows four sales for 3A PALACE VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. All of the four 3A PALACE VIEW sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 JUN	£790,000	£963,287	18% below HPI
2013 24 SEP	£500,000	£629,306	21% below HPI
2003 19 DEC	£367,500	£451,701	19% below HPI
2000 20 NOV	£250,000	£338,274	26% below HPI

3A PALACE VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The four 3A PALACE VIEW sales between November 2000 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3A PALACE VIEW be worth now?

3A PALACE VIEW might now be worth an estimated £861,057.

This is based on house price inflation of 9%, between June 2021 and December 2024, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9% inflationary increase is applied to the most recent sale price for 3A PALACE VIEW of £790,000 on 25th June 2021. For the value to have increased from £790,000 to £861,057 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 3A PALACE VIEW has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2021 sale price of £790,000 represented a fair market value for the property.
• The size, condition, and specification of 3A PALACE VIEW has not materially changed since June 2021.

How Large is 3A PALACE VIEW?

3A PALACE VIEW is 133m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses houses in Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromley, and where 3A PALACE VIEW lies on this distribution: 29% of detached houses houses are smaller than 3A PALACE VIEW, and 71% of houses are larger. Note that EPC data is not available for all properties in Bromley.

3A PALACE VIEW: Plot and Title Map

3A PALACE VIEW sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 3A PALACE VIEW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3A PALACE VIEW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3A PALACE VIEW?

3A PALACE VIEW is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 3A on PALACE VIEW.