Bromley property market
In Bromley (London) the average private rent is £1,675/month (ONS, May 2026) and the average house price is £520,379 (HM Land Registry, April 2026). That puts rent 21% above and house prices 93% above the UK average. The gross rental yield works out at 3.9%.
- Average rent
- £1,675/mo
- +3.1% YoY
- Average house price
- £520,379
- +0.4% 12m
- Gross rental yield
- 3.9%
- UK avg 6.1%
- Price-to-rent
- 25.9
- UK avg 16.3
Rent vs buy in Bromley
The average home in Bromley costs about 25.9 years of average rent (price-to-rent ratio 25.9), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.
Go deeper
Nearby areas in London
- Lewisham£1,821/mo · £489,995
- Hounslow£1,933/mo · £497,276
- Redbridge£1,725/mo · £502,501
- Waltham Forest£1,763/mo · £524,099
- Harrow£1,759/mo · £527,239
- Brent£2,005/mo · £547,995
Frequently asked questions
- What is the average rent in Bromley?
- The average monthly private rent in Bromley is £1,675, according to the ONS Price Index of Private Rents (May 2026), +3.1% over the past 12 months. The UK average is £1,383.
- What is the average house price in Bromley?
- The average house price in Bromley is £520,379 (HM Land Registry UK House Price Index, April 2026), +0.4% over 12 months. The UK average is £270,080.
- What is the gross rental yield in Bromley?
- Dividing the average annual rent (£20,100) by the average house price (£520,379) gives a gross rental yield of 3.9% in Bromley. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
- Is it cheaper to rent or buy in Bromley?
- In Bromley the average house price equals about 25.9 years of average rent (price-to-rent ratio 25.9). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.
Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.