Values have been changing and have risen £6,299 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,299 in last 6 months, £106,819 in last 1 year, £201,269 in last 2 years, £221,396 in last 3 years, £224,712 in last 4 years and £248,778 in last 5 years.
Currently average asking price of a property in Bermondsey Wall East, London, SE16 is around £582,204 based on approximately 3 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Bermondsey Wall East, London, SE16 is £1,008,952. Average asking price is £582,204 while average price paid is £1,201,666 which is up by £106,819 and Avg. asking rent £1,754.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 Bermondsey Wall East, London, SE16 area. In last 1 year alone average price buyer paid is around £1,201,666 based on approximately 3 sales in Bermondsey Wall East, London, SE16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £1,016,875. 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 £952,500 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £882,727 per sale.