For 2016 details - Bromley Property Market 2016
Story Highlights
- Bromley had total Property Sales of £2.92 billions in 2015.
- The total number of properties sold in year 2015 was 6365.
- The Average property price was £459 K in Bromley while Median was £373 K.
- Not New Property contributed 92.64% and New Property 7.36% by value
Total Sales By Property Type
Bromley is one of the Boroughs of South London. It had total Property Sales of £2.92 billions which was 19.83% of South London Property Market 2015.
The split across the different property types are:
- Terraced £597 millions (20.43%)
- Semi-Detached £699 millions (23.93%)
- Other £169 millions (5.78%)
- Flat/Maisonette £654 millions (22.37%)
- Detached £803 millions (27.49%)
Total No Of Properties Sold By Property Type
In Bromley the total number of properties sold in year 2015 was 6365.
The breakdown by different property types are:
- Terraced 1521 (23.9%)
- Semi-Detached 1478 (23.22%)
- Other 75 (1.18%)
- Flat/Maisonette 2270 (35.66%)
- Detached 1021 (16.04%).
Average & Median Sales Price
In 2015 the Average property price was £459 K in Bromley. The average price for the different property types are:
- Detached £786 K
- Flat/Maisonette £288 K
- Other £2.25 millions
- Semi-Detached £473 K
- Terraced £392 K
The Median Price was £373 K.The median property price for the different property types are
- Detached £690 K
- Flat/Maisonette £275 K
- Other £600 K
- Semi-Detached £450 K
- Terraced £375 K
New Vs Not New Property Statistics
By Value Of Sales
- Not New Property contributed £2.71 billion (92.64%)
- New Property £215 millions (7.36%) giving combined total of £2.92 billions.
By Number Of Sales
- The number of Not New Property sold was 5886 (92.47%)
- The number of New Property sold was 479 (7.53%) giving combined total of 6365.
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