Best Apartment Blocks in Bromley
LEMARE LODGE
Location:
BR2 9BS
Apartments in building:
60
Growth:
97%
HAST HILL HOUSE
Location:
BR2 7AH
Apartments in building:
8
Growth:
81%
CHATSWORTH LODGE
Location:
BR4 0LY
Apartments in building:
28
Growth:
59%
Our analysis of this market
Overall performance of apartments in Bromley
Between 2018 and 2023, apartment sales peaked in 2021 with 1,699 sales but dropped to 1,002 by 2023—a 26% decrease. Average apartment values fluctuated slightly, starting at £332,400 in 2018, peaking at £344,600 in 2022, and ending at £337,200 in 2023, reflecting a modest 1% increase over the period.
Relative performance of area in Bromley
From 2018 to 2023, property prices per square meter (ppsqm) rose across all areas. BR2 experienced the highest growth at 23%, followed by BR1 at 16%. BR5 and BR6 both saw a 12% increase, while BR8 rose by 9%, and BR3 and BR7 each grew by 8%. BR4 had the lowest growth at 6%.
Latest data
Year | Number of apartment sales | Average apartment value |
---|---|---|
2018 | 1354 | £332,400 |
2019 | 1213 | £319,800 |
2020 | 1157 | £326,800 |
2021 | 1699 | £339,700 |
2022 | 1603 | £344,600 |
2023 | 1002 | £337,200 |
-26% | 1% |
Area | ppsqm 2018 | ppsqm 2023 | Growth |
---|---|---|---|
BR4 | 4488 | 4759 | 6% |
BR3 | 4916 | 5310 | 8% |
BR7 | 4627 | 5019 | 8% |
BR8 | 4225 | 4604 | 9% |
BR5 | 4014 | 4503 | 12% |
BR6 | 4567 | 5128 | 12% |
BR1 | 4267 | 4948 | 16% |
BR2 | 4020 | 4956 | 23% |
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