8, PALACE VIEW, BROMLEY, BR1 3EL - £460,000

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.

8 PALACE VIEW is a large terraced house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £663,456. It was last sold for £460,000 in May 2015, which was around 34% above the average May 2015 terraced price in the Bromley local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

8 PALACE VIEW Sold Prices

Land registry data shows one sale for 8 PALACE VIEW since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Bromley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 7 MAY	£460,000	£343,146	34% above HPI

What might 8 PALACE VIEW be worth now?

8 PALACE VIEW might now be worth an estimated £663,456.

This is based on house price inflation of 44.2%, between May 2015 and May 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 44.2% inflationary increase is applied to the most recent sale price for 8 PALACE VIEW of £460,000 on 7th May 2015. For the value to have increased from £460,000 to £663,456 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 8 PALACE VIEW has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The May 2015 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PALACE VIEW has not materially changed since May 2015.

How Large is 8 PALACE VIEW?

8 PALACE VIEW is 108m² according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of terraced houses in Bromley, based on EPC data. The below chart shows the distribution of terraced houses by size in Bromley, and where 8 PALACE VIEW lies on this distribution: 69% of terraced houses are smaller than 8 PALACE VIEW, and 29% of terraced houses are larger. Note that EPC data is not available for all properties in Bromley.

8 PALACE VIEW: Plot

8 PALACE VIEW sits on a plot of roughly 0.107 of an acre, or 431m².

Where is 8 PALACE VIEW?

8 PALACE VIEW is located in BROMLEY, in the BR1 postcode district.