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New builds in BR1: what they really sell for.

9 new-build homes sold in BR1 in the last 12 months, 2% of all sales. New flat homes sold for a median £440,000, 37.5% more than existing ones.

Bromley, covering Bickley & Sundridge, Bromley Common & Holwood, Bromley Town, Catford South, Downham, Grove Park, Hither Green, Plaistow.

New homes sold

9

2% of sales, last 12 months

New-build premium

+37.5%

Flat homes

Resold, vs market

-2.3%

Market +5.5%

Energy bills

—

No certificates yet

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Tweedy RoadBR1 1AR · flat · 34 sold · latest Jun 2026
£320k–£675k

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Flat

+37.5%

New £440k · existing £320k

34 new-build sales

Resale

Do new builds in BR1 hold their value?

Bought new, resold

-2.3%

Local market, same years

+5.5%

Kept pace

19 of 63

Typically held 5.4 years

Homes in BR1 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in BR1?

Over the last two years, new flat homes in BR1 sold for a median £440,000 against £320,000 for existing ones, a difference of +37.5%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in BR1 hold their value?

63 homes in BR1 bought new and later resold changed by a median -2.3%, typically after 5.4 years. The local market moved +5.5% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in BR1?

Recent new-build sales recorded by Land Registry in BR1 include Tweedy Road. New streets appear once the first homes complete.

How do I know if a new build in BR1 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers