Values have been changing and have risen £1,428 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,833 in last 6 months, £18,675 in last 1 year, £30,781 in last 2 years, £33,720 in last 3 years, £34,404 in last 4 years and £34,476 in last 5 years.
Currently average asking price of a property in Church Road, Erith, DA8 is around £247,074 based on approximately 3 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Church Road, Erith, DA8 is £216,455. Average asking price is £247,074 while average price paid is £196,666 which is up by £18,675 and Avg. asking rent £980.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 Church Road, Erith, DA8 area. In last 1 year alone average price buyer paid is around £196,666 based on approximately 3 sales in Church Road, Erith, DA8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £188,750. 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 £181,800 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £169,833 per sale.