Values have been changing and have risen £1,877 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,194 in last 6 months, £34,750 in last 1 year, £66,542 in last 2 years, £75,542 in last 3 years, £76,649 in last 4 years and £84,492 in last 5 years.
Currently average asking price of a property in Chestnut Grove, London, SE20 is around £391,164 based on approximately 5 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £1,042 per month.
Estimated property value in Chestnut Grove, London, SE20 is £323,570. Average asking price is £391,164 while average price paid is £273,999 which is up by £34,750 and Avg. asking rent £1,042.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 Chestnut Grove, London, SE20 area. In last 1 year alone average price buyer paid is around £273,999 based on approximately 5 sales in Chestnut Grove, London, SE20 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £261,999. 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 £261,999 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £255,499 per sale.