41, PALACE VIEW, BROMLEY, BR1 3EJ - £385,000

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.

41 PALACE VIEW is a very small terraced house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £763,315. It was last sold for £385,000 in September 2011, which was around 55% above the average September 2011 terraced price in the Bromley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

41 PALACE VIEW Sold Prices

Land registry data shows two sales for 41 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 41 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
2011 28 SEP	£385,000	£247,766	55% above HPI
1995 29 MAR	£107,000	£71,233	50% above HPI

41 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 41 PALACE VIEW sales from March 1995 and September 2011 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 March 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2011 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 41 PALACE VIEW be worth now?

41 PALACE VIEW might now be worth an estimated £763,315.

This is based on house price inflation of 98.3%, between September 2011 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 98.3% inflationary increase is applied to the most recent sale price for 41 PALACE VIEW of £385,000 on 28th September 2011. For the value to have increased from £385,000 to £763,315 over the fifteen years and five months to April 2026, the following assumptions must hold true:

• The value of 41 PALACE VIEW has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The September 2011 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PALACE VIEW has not materially changed since September 2011.

How Large is 41 PALACE VIEW?

41 PALACE VIEW is 106m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% 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 41 PALACE VIEW lies on this distribution: 11% of terraced houses houses are smaller than 41 PALACE VIEW, and 89% of houses are larger. Note that EPC data is not available for all properties in Bromley.

41 PALACE VIEW: Plot and Title Map

41 PALACE VIEW sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 41 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 41 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 41 PALACE VIEW?

41 PALACE VIEW is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 41 on PALACE VIEW.