London Borough Datasheetf.datasrvr.com/fr1/819/14874/Bromley.pdf · Bromley (H1 2018) House Prices...
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0 Cushman & Wakefield | Residential Research Contact Lee Layton Associate Director Residential - Research 020 3296 4574 [email protected] London Borough Datasheet Bromley (H1 2018) House Prices Residential property prices in the London Borough of Bromley have fallen 1.7% in the 12 months to November 2018. Looking further back, average house prices in the Borough are presently 67.1% higher than 10 years ago. Housing Stock At present 16.3% of the housing stock is in the Private Rented Sector (PRS), with 69.1% owner-occupied, and 12.8% social housing. Rental Markets Average monthly rents in the borough are £1,250, with rents in London rising 0.2% in 2018 New Homes In the 12 months to September 2018, 205 new homes were sold in the borough, which is 28% lower than the recent annual average. At present the average price of a new build property in the borough is £467,856 -1.7% £0 £500 £1,000 £1,500 £2,000 Studio 1 bed 2 bed 3 bed PCM rents 205 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 2019 2020 2021 2022 2023 Key Forecasts Population Average Earnings: Residence based House prices Owner occupied Privately rented Socially rented Other Source: UK HPI / 2011 Census (projected) / IPHRP / VOA / Oxford Economics To receive our regular residential research, please -
Transcript of London Borough Datasheetf.datasrvr.com/fr1/819/14874/Bromley.pdf · Bromley (H1 2018) House Prices...
0Cushman & Wakefield | Residential Research
Contact
Lee Layton
Associate Director
Residential - Research
020 3296 4574
London Borough Datasheet Bromley (H1 2018)
House Prices
Residential property prices in the London Borough of Bromley
have fallen 1.7% in the 12 months to November 2018. Looking
further back, average house prices in the Borough are presently
67.1% higher than 10 years ago.
Housing Stock
At present 16.3% of the housing stock is in the Private Rented
Sector (PRS), with 69.1% owner-occupied, and 12.8% social
housing.
Rental Markets
Average monthly rents in the borough are £1,250, with rents in
London rising 0.2% in 2018
New Homes
In the 12 months to September 2018, 205 new homes were sold
in the borough, which is 28% lower than the recent annual
average. At present the average price of a new build property in
the borough is £467,856
-1.7%
£0
£500
£1,000
£1,500
£2,000
Studio 1 bed 2 bed 3 bed
PCM rents
205
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
2019 2020 2021 2022 2023
Key Forecasts
Population Average Earnings: Residence based House prices
Owner occupied
Privately rented
Socially rented
Other
Source: UK HPI / 2011 Census (projected) / IPHRP / VOA / Oxford Economics
To receive our regular residential research, please -
