Values have been changing and have risen £3,627 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,113 in last 6 months, £61,506 in last 1 year, £115,892 in last 2 years, £127,484 in last 3 years, £129,396 in last 4 years and £143,256 in last 5 years.
Currently average asking price of a property in Clarence Mews, London, SE16 is around £582,204 based on approximately 3 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Clarence Mews, London, SE16 is £564,337. Average asking price is £582,204 while average price paid is £465,666 which is up by £61,506 and Avg. asking rent £1,754.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 Clarence Mews, London, SE16 area. In last 1 year alone average price buyer paid is around £465,666 based on approximately 3 sales in Clarence Mews, London, SE16 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £417,538. 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 £384,886 for 22 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £367,074 per sale.