39, PALACE VIEW, BROMLEY, BR1 3EJ - £800,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 PALACE VIEW is a midsized extended terraced house of 162m², built sometime between 1930 and 1949, which could now be worth an estimated £977,759. It was last sold for £800,000 in December 2019, which was around 99% above the average December 2019 terraced price in the Bromley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

39 PALACE VIEW Sold Prices

Land registry data shows two sales for 39 PALACE VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. Both of the two 39 PALACE VIEW sales were for above 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
2019 6 DEC	£800,000	£401,923	99% above HPI
2018 13 APR	£512,000	£402,460	27% above HPI

39 PALACE VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromley local authority area over time, sourced from the HPI. The two 39 PALACE VIEW sales from April 2018 and December 2019 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 April 2018 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2019 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 39 PALACE VIEW be worth now?

39 PALACE VIEW might now be worth an estimated £977,759.

This is based on house price inflation of 22.2%, between December 2019 and April 2026, for terraced 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 22.2% inflationary increase is applied to the most recent sale price for 39 PALACE VIEW of £800,000 on 6th December 2019. For the value to have increased from £800,000 to £977,759 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 39 PALACE VIEW has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The December 2019 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 39 PALACE VIEW has not materially changed since December 2019.

How Large is 39 PALACE VIEW?

39 PALACE VIEW is 162m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of terraced houses houses in Bromley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bromley, and where 39 PALACE VIEW lies on this distribution: 52% of terraced houses houses are smaller than 39 PALACE VIEW, and 48% of houses are larger. Note that EPC data is not available for all properties in Bromley.

39 PALACE VIEW: Plot and Title Map

39 PALACE VIEW sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 39 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 39 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 39 PALACE VIEW?

39 PALACE VIEW is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 39 on PALACE VIEW.