Values have been changing and have risen £1,833 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,177 in last 6 months, £23,590 in last 1 year, £43,314 in last 2 years, £46,663 in last 3 years, £46,439 in last 4 years and £51,145 in last 5 years.
Currently average asking price of a property in Broom Avenue, St. Pauls Cray, Orpington, BR5 is around £381,897 based on approximately 4 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 Broom Avenue, St. Pauls Cray, Orpington, BR5 is £267,370. Average asking price is £381,897 while average price paid is £239,000 which is up by £23,590 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 Broom Avenue, St. Pauls Cray, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £239,000 based on approximately 4 sales in Broom Avenue, St. Pauls Cray, Orpington, BR5 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £195,000. 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 £183,000 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £184,352 per sale.