Blackheath

A Majestic Suburban Area in South East London

Area Guide For Blackheath

At the centre of this majestic village is the historic heath which is a World Heritage Site. The village is just at a 20 minute drive from the centre of London and is also home to the acclaimed Chapters Restaurant. There are a number of village shops and the area also hosts the Sunday Farmers’ Market.

 
 

Tags

Commutation
Shopping Centre
Commuters
Transportation
Restaurants
Schools
Pubs

Overview

  • The Neighbors

    The area has plenty of open green spaces being bordered by wonderful and unique architecture. The area mainly consists of Victorian homes and some with Georgian architecture, which are very popular with the middle class.

  • Ideal for

    Professionals, Families, Retirees.

  • Deal Sealer

    Trendy Bars and Restaurants, architecture.

  • Not for

    People looking for more urban surroundings.

  • You will Like

    Green Spaces, Amenities, Architecture, Heath.

Blackheath Map

Estimated Price: £607,773
Average Asking Price: £689,783
Price change in last one year: £62,927
Average Price Paid: £445,844
Average Rent Rates: £1,747

 
 

Property Prices Breakdown in Blackheath

Average Price for property in Blackheath is around £607,773 which varies based on type of property you are interested in and ranges from £1,661,869 for detached house to around £884,233 for semi-detached. Similarly terraced house is around £606,024 and a flat is worth £382,311. Values have been changing and have risen £3,327 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,047 in last 6 months, £62,927 in last 1 year, £134,305 in last 2 years, £152,711 in last 3 years, £149,425 in last 4 years and £169,584 in last 5 years.

Currently average asking price of a property in Blackheath is around £689,783 based on approximately 400 properties for sale. Same is the case with rental options based on 205 properties up for rent, average asking rent is around £1,747 per month.

Estimated property value in Blackheath is £607,773. Average asking price is £689,783 while average price paid is £511,033 which is up by £62,927 and Avg. asking rent £1,747.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 Blackheath area. In last 1 year alone average price buyer paid is around £511,033 based on approximately 400 sales in Blackheath area alone. If you compare it to last 3 years sales of 1,169 properties where buyers paid around £462,503. 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 £445,844 for 1,833 and average amount paid for purchase of approx. 2,352 properties sold in last 7 years comes to about £428,988 per sale.

 
 

Properties For Sale in Blackheath

 
 

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 £305,000, £453,666 for a 2 bedroom house, £573,760 for a 3 bedroom house, £1,059,641 for a 4 bedroom house and £2,051,111 for a 5 bedroom house. For a flat similarly the prices varies from £313,426 for a single bedroom to £420,597 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £544,278. To sum up the asking prices for properties in Blackheath it comes to around average £312,983 for 1 bedroom property, £424,910 for 2 bedroom, £561,620 for 3 bedroom, £1,059,641 for 4 bedroom and £2,051,111 for a 5 bedroom property.

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 £771 for 1 bedroom to £1,906 for 2 bedrooms, £1,793 for 3 bedrooms, £2,354 for 4 bedrooms and £7,000 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,198. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,585 and £2,333 for 3 bedroom. You should be generally be expecting around average £1,139 rent per month for single bedroom property, £1,620 for 2 bedroom, £2,102 for 3 bedroom, £2,354 for 4 bedroom and approximately £7,000 for a 5 bedroom property in Blackheath area.

Popular Houses in Blackheath

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.

Sold Properties in Blackheath

Sum it all up

 The Good

- Excellent Commutation
- Ethnically Diverse Area
- Good Restaurants
- Good Pubs
- Variety in Housing
- Architecture

 Best For

- Families
- Singles
- Commuters
- Students
- Retirees

 The Bad

 - High Prices

Transportation in Blackheath

Browse by Streets in Blackheath