Armoury Road, London, SE8

Street Guide For Armoury Road, London, SE8

 
 

Armoury Road, London, SE8 Map

Estimated Price: £259,269
Average Asking Price: £429,856
Price change in last one year: £24,981
Average Price Paid: £178,879
Average Rent Rates: £1,614

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

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Property Prices Breakdown in Armoury Road, London, SE8

Average Price for property in Armoury Road, London, SE8 is around £259,269 e.g. average price for a flat is around 259,370. Values have been changing and have risen £309 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £553 in last 6 months, £24,981 in last 1 year, £48,443 in last 2 years, £54,392 in last 3 years, £58,069 in last 4 years and £65,703 in last 5 years.

Currently average asking price of a property in Armoury Road, London, SE8 is around £429,856 based on approximately 17 properties for sale. Same is the case with rental options based on 163 properties up for rent, average asking rent is around £1,614 per month.

Estimated property value in Armoury Road, London, SE8 is £259,269. Average asking price is £429,856 while average price paid is £200,585 which is up by £24,981 and Avg. asking rent £1,614.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 Armoury Road, London, SE8 area. In last 1 year alone average price buyer paid is around £200,585 based on approximately 17 sales in Armoury Road, London, SE8 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £190,961. 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 £178,879 for 42 and average amount paid for purchase of approx. 60 properties sold in last 7 years comes to about £177,544 per sale.

 
 
 
 

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 1 bedroom is around £79,950, £471,662 for a 2 bedroom house, £601,355 for a 3 bedroom house and £837,500 for a 5 bedroom house. For a flat similarly the prices varies from £327,778 for a single bedroom to £426,477 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £463,857. To sum up the asking prices for properties in Armoury Road, London, SE8 it comes to around average £320,268 for 1 bedroom property, £428,708 for 2 bedroom, £502,638 for 3 bedroom and £837,500 for 5 bedroom.

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 £1,148 for 1 bedroom to £1,473 for 2 bedroom, £2,122 for 3 bedroom and £1,647 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,209. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,679, £2,254 for 3 bedroom and £1,950 for 4 bedroom. You should be generally be expecting around average £1,206 rent per month for single bedroom property, £1,676 for 2 bedroom, £2,192 for 3 bedroom and approximately £1,722 for 4 bedroom property in Armoury Road, London, SE8 area.

Popular Houses in Armoury Road, London, SE8

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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Areas in and around Armoury Road, London, SE8

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