Values have been changing and have risen £1,764 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,984 in last 6 months, £22,710 in last 1 year, £41,698 in last 2 years, £44,923 in last 3 years, £44,708 in last 4 years and £49,240 in last 5 years.
Currently average asking price of a property in Barnfield Road, Orpington, BR5 is around £381,897 based on approximately 5 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Barnfield Road, Orpington, BR5 is £258,475. Average asking price is £381,897 while average price paid is £206,000 which is up by £22,710 and Avg. asking rent £1,504.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 Barnfield Road, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £206,000 based on approximately 5 sales in Barnfield Road, Orpington, BR5 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £186,875. 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 £180,958 for 12 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £183,595 per sale.