Addison Drive, London, SE12

Street Guide For Addison Drive, London, SE12

 
 

Addison Drive, London, SE12 Map

Estimated Price: £367,636
Average Asking Price: £412,001
Price change in last one year: £42,438
Average Price Paid: £285,000
Average Rent Rates: £1,247

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Addison Drive, London, SE12

Average Price for property in Addison Drive, London, SE12 is around £367,636 which varies based on type of property you are interested in and ranges from £368,092 for semi-detached to around £367,484 for terraced house. Values have been changing and have risen £3,714 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,703 in last 6 months, £42,438 in last 1 year, £77,403 in last 2 years, £90,284 in last 3 years, £89,698 in last 4 years and £96,588 in last 5 years.

Currently average asking price of a property in Addison Drive, London, SE12 is around £412,001 based on approximately 0 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,247 per month.

Estimated property value in Addison Drive, London, SE12 is £367,636. Average asking price is £412,001 while average price paid is £285,000 which is up by £96,588 and Avg. asking rent £1,247.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Addison Drive, London, SE12 area. In last 5 years alone average price buyer paid is around £285,000 based on approximately 1 sales in Addison Drive, London, SE12 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £285,000.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £368,738, £416,285 for a 3 bedroom house, £597,654 for a 4 bedroom house and £450,000 for a 5 bedroom house. For a flat similarly the prices varies from £187,494 for a single bedroom to £267,635 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £262,500. To sum up the asking prices for properties in Addison Drive, London, SE12 it comes to around average £187,494 for 1 bedroom property, £286,017 for 2 bedroom, £406,964 for 3 bedroom, £597,654 for 4 bedroom and £450,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £429 for 1 bedroom to £1,232 for 2 bedroom, £1,510 for 3 bedroom and £1,863 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £831. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,239 and £1,433 for 3 bedroom. You should be generally be expecting around average £781 rent per month for single bedroom property, £1,238 for 2 bedroom, £1,489 for 3 bedroom and approximately £1,863 for 4 bedroom property in Addison Drive, London, SE12 area.

Popular Houses in Addison Drive, London, SE12

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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