Values have been changing and have risen £1,589 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,932 in last 6 months, £21,994 in last 1 year, £44,678 in last 2 years, £53,692 in last 3 years, £56,179 in last 4 years and £63,041 in last 5 years.
Currently average asking price of a property in Commonwealth Way, London, SE2 is around £261,791 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £974 per month.
Estimated property value in Commonwealth Way, London, SE2 is £268,535. Average asking price is £261,791 while average price paid is £122,500 which is up by £21,994 and Avg. asking rent £974.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 Commonwealth Way, London, SE2 area. In last 1 year alone average price buyer paid is around £122,500 based on approximately 2 sales in Commonwealth Way, London, SE2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £174,791. 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 £179,843 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £179,062 per sale.