Camberwell

A Trendy Neighbourhood Attracting the Artsy Crowd and Students

Area Guide For Camberwell

Located in the London Borough of Southwark, Camberwell once went from a rather fashionable area to one associated with crime and drugs. Today however, the bustling art scene and the influx of youngsters has once again improved the property market, making it a trendy and upcoming neighbourhood.

 
 

Tags

Arts
Education
Transport
Parks
Affordable
Bars

Overview

  • The Neighbors

    A variety of options ranging from relatively affordable conversions to cheaper former council flats.

  • Ideal for

    Artsy youngsters and students.

  • Deal Sealer

    Deal Sealer: Access to educational institutes.

  • Not for

    People looking for relatively safer London neighbourhoods.

  • You will Like

    Nearby parks.

Camberwell Map

Estimated Price: £466,395
Average Asking Price: £545,269
Price change in last one year: £46,886
Average Price Paid: £347,089
Average Rent Rates: £1,633

 
 

Property Prices Breakdown in Camberwell

Average Price for property in Camberwell is around £466,395 which varies based on type of property you are interested in and ranges from £956,069 for detached house to around £738,063 for semi-detached. Similarly terraced house is around £618,308 and a flat is worth £340,003. Values have been changing and have risen £5,047 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,285 in last 6 months, £46,886 in last 1 year, £98,076 in last 2 years, £112,916 in last 3 years, £116,759 in last 4 years and £127,361 in last 5 years.

Currently average asking price of a property in Camberwell is around £545,269 based on approximately 990 properties for sale. Same is the case with rental options based on 235 properties up for rent, average asking rent is around £1,633 per month.

Estimated property value in Camberwell is £466,395. Average asking price is £545,269 while average price paid is £413,501 which is up by £46,886 and Avg. asking rent £1,633.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 Camberwell area. In last 1 year alone average price buyer paid is around £413,501 based on approximately 990 sales in Camberwell area alone. If you compare it to last 3 years sales of 3,043 properties where buyers paid around £369,787. 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 £347,089 for 4,701 and average amount paid for purchase of approx. 6,025 properties sold in last 7 years comes to about £329,810 per sale.

 
 

Properties For Sale in Camberwell

 
 

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 £687,500, £524,490 for a 2 bedroom house, £677,001 for a 3 bedroom house, £862,733 for a 4 bedroom house and £1,280,646 for a 5 bedroom house. For a flat similarly the prices varies from £297,725 for a single bedroom to £397,666 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £402,574, £459,716 for a 4 bedroom flat and £678,990 for a 5 bedroom flat. To sum up the asking prices for properties in Camberwell it comes to around average £309,360 for 1 bedroom property, £412,586 for 2 bedroom, £553,001 for 3 bedroom, £751,128 for 4 bedroom and £1,173,207 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 £1,499 for 1 bedroom to £1,771 for 2 bedrooms, £2,348 for 3 bedrooms, £2,955 for 4 bedrooms and £2,359 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,184. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,529, £1,891 for 3 bedroom and £2,437 for 4 bedroom. You should be generally be expecting around average £1,189 rent per month for single bedroom property, £1,563 for 2 bedroom, £2,069 for 3 bedroom, £2,739 for 4 bedroom and approximately £2,359 for a 5 bedroom property in Camberwell area.

Popular Houses in Camberwell

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 Camberwell

Sum it all up

 The Good

- Affordable housing
- Great educational institutes nearby
- Good transport links
- Lots of bars
- Several parks nearby

 Best For

- Young Professionals
- First time buyers
- Students of art

 

 The Bad

- High crime rate
- Few restaurants

Transportation in Camberwell

Browse by Streets in Camberwell