Bexley (London Borough)

Area Guide For Bexley (London Borough)

 
 

Bexley (London Borough) Map

Estimated Price: £309,922
Average Asking Price: £354,855
Price change in last one year: £19,304
Average Price Paid: £247,100
Average Rent Rates: £1,169

 
 

Property Prices Breakdown in Bexley (London Borough)

Average Price for property in Bexley (London Borough) is around £309,922 which varies based on type of property you are interested in and ranges from £506,347 for detached house to around £347,643 for semi-detached. Similarly terraced house is around £271,972 and a flat is worth £189,250. Values have been changing and have risen £825 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,238 in last 6 months, £19,304 in last 1 year, £42,353 in last 2 years, £51,216 in last 3 years, £50,121 in last 4 years and £55,156 in last 5 years.

Currently average asking price of a property in Bexley (London Borough) is around £354,855 based on approximately 3,119 properties for sale. Same is the case with rental options based on 210 properties up for rent, average asking rent is around £1,169 per month.

Estimated property value in Bexley (London Borough) is £309,922. Average asking price is £354,855 while average price paid is £282,221 which is up by £19,304 and Avg. asking rent £1,169.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 Bexley (London Borough) area. In last 1 year alone average price buyer paid is around £282,221 based on approximately 3,119 sales in Bexley (London Borough) area alone. If you compare it to last 3 years sales of 9,308 properties where buyers paid around £255,160. 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 £247,100 for 14,286 and average amount paid for purchase of approx. 3,119 properties sold in last 7 years comes to about £282,221 per sale.

 
 
 
 
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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