Values have been changing and have risen £3,800 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,575 in last 6 months, £42,785 in last 1 year, £86,252 in last 2 years, £100,842 in last 3 years, £102,722 in last 4 years and £108,516 in last 5 years.
Currently average asking price of a property in Arica Road, London, SE4 is around £463,432 based on approximately 4 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £1,281 per month.
Estimated property value in Arica Road, London, SE4 is £407,740. Average asking price is £463,432 while average price paid is £416,750 which is up by £42,785 and Avg. asking rent £1,281.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 Arica Road, London, SE4 area. In last 1 year alone average price buyer paid is around £416,750 based on approximately 4 sales in Arica Road, London, SE4 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £343,308. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £309,364 for 29 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £301,958 per sale.