Values have been changing and have risen £1,449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,908 in last 6 months, £18,971 in last 1 year, £31,270 in last 2 years, £34,256 in last 3 years, £34,951 in last 4 years and £35,024 in last 5 years.
Currently average asking price of a property in Cornwallis Close, Erith, DA8 is around £247,074 based on approximately 0 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 Cornwallis Close, Erith, DA8 is £221,579. Average asking price is £247,074 while average price paid is £155,000 which is up by £34,256 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 Cornwallis Close, Erith, DA8 area. In last 3 years alone average price buyer paid is around £155,000 based on approximately 1 sales in Cornwallis Close, Erith, DA8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £157,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £173,500 for 4 per sale.