27/08/2026
Thinking of moving upmarket in Bromley? This could be a very interesting time. 👀
Here’s the slightly counter-intuitive bit…
If you’re selling a mainstream Bromley home and hoping to move into the £1.5m+ market, a softer market could actually work in your favour.
Why?
Because it’s not just about what your current home is worth.
It’s about the gap between what you’re selling and what you’re buying.
The latest Sprift data I’ve been analysing shows:
🏡 Sub-£1m Bromley homes
2024 median: £570,000
2025: £576,000
2026 YTD: £590,000
So the mainstream market has remained relatively resilient.
But at £1.5m+:
2024 median: £1.90m
2025 median: £1.7625m
That’s roughly 7% lower.
And that difference matters.
Imagine your current home is worth £800,000 and you want to buy at £1.6m.
If your home softened by 1% = £8,000
If the £1.6m home softened by 7% = £112,000
So even if you accept slightly less for your own home…
your overall moving position could actually be much better.
And there’s another clue.
Upper-end homes are generally taking longer to sell, which can mean:
🔎 More choice
🔎 More negotiating power
🔎 More realistic conversations with sellers
There’s always a temptation to say:
“I’ll wait until prices improve.”
But if your £800k home rises 5%, you gain £40k.
If the £1.6m home also rises 5%, it goes up by £80k.
Your home has risen… but your move has become £40,000 more expensive.
That’s why moving up the property ladder isn’t just about the price you achieve.
It’s about the gap.
The Bromley market isn’t one market.
Different price brackets are behaving very differently right now, and for some homeowners looking to trade upwards, that could create a real opportunity.
Want to know what the numbers look like for your move?
Send me a message.
🔎 James Hall | The Property Perfectionist™
📞07855 828 736
Clarity. Not optimism. Not guesswork. Just evidence.